Lui disagrees with Vivian's "lower rents will not lower food costs" comment

[Confuseous]

Dear Dr Balakrishnan and Mr Lui Tuck Yew,

I seek you kind assistance to help resolve what seems to be a contradiction. Dr Balakrishnan, you said lowering rentals won’t lead to lower hawker food prices because hawkers are people making a living who will charge what the market will bear [1]. Mr Lui, you said placing taxi COE under the small car category is a concession to keep taxi rentals low [2].

If we apply Dr Balakrishnan’s logic on Mr Lui’s case, taxi companies are also run by people making a living who would also charge what the market will bear regardless of COE concession. That will go against Mr Lui’s claim that a COE concession helps keep taxi rentals low.

If we apply Mr Lui’s logic on Dr Balakrishnan’s case, lowering rents is a concession to hawkers that will keep hawker food prices low. That will go against Dr Balakrishnan’s claim that lowering rents won’t lower hawker food prices.

Or are you saying that hawkers and taxi company CEOs are essentially different breeds of people? Hawkers are passionless capitalists who would charge what the market would bear rather than pass on concessions to customers while taxi company CEOs are compassionate socialists who would not charge what the market would bear but would pass on concessions to customers?

Thank you

Ng Kok Lim

- https://trulysingapore.wordpress.com/2012/03/08/help-resolve-contradict​ion/

 

[streetsmart73]

hi there


1. both million-dollar salaried sheep performing wayang again.
2. just ignore ground sentiments.
3. so, what is what now?
4. our elite & educated sheep.

 

[Ramseth]

I'm beginning to like this no-porn admiral better and better since I first met him last year. His only fault was that he drove away from a flood without stopping to help others stranded in the flood. But he did went to Parliament and cooked up quite a debate against Yaacob (then ENV) over floods.

His policy reasoning has so far been sound and logical. Vivian Bala is always after saving the goverment more money and charging the public more money. Look at his crap about no money for public assistance but could overbudget several-fold for YOG with public money that very few of the public are interested in or concerned with. When VB was MCYS, sports went down the drains and gangs sprouted up slashing each other and innocents.

When LTK took over MT just less than a year ago, public transport systems has visibly improved except for the recent round of taxi fare hikes. Well, we can't expect everybody to be perfect and do everything perfectly under all circumstances. But LTY surely beats VB by miles in terms of net benefits to public.

 

[Kuailan]

Lower petroluem taxes will help alot to the inflation, b'cos many businesses and hawkers are blaming
high transport cost pushing the price of their food and produces up by 30% or more!! Take for instance Meiji
2L milk some 1.5 years back it was $3.95 now they are selling at $5.45 at NTUC and Cold Storage is selling at $4.95.

So NTUC better wake the idea that you're the ppl super mart? All the NTUC card bullshit and you're charge the peasants higher
prices on the pretext of giving rebate! bullshit I rather buy instant low price than to wait for your never be seen rebate!

So who's cost higher price?? you 'll be my guest?

 

[jeananderson]

Well, by planning carefully and shopping local, fruits and veggies can help reduce your grocery spending budget. A grocery budget should consist of some fruits and veggies. Spending a little extra on your produce can really help cut down your long-term grocery spending budget. In fact, if you eat more fruits and vegetables, your grocery bills will go down. Your body will be more satisfied because of its fibers and natural sugars and you waste less food as well. Less waste means more value out of every dollar in your fridge. Source for this article: Four ways to cut down on your produce costs.