PAP: We will trade slower growth to stave off wave of discontent

[GoldenPeriod]

By Rachel Armstrong and Paul Ingrassia
Thomson Reuters June, 2014 8:51am

SINGAPORE (Reuters) - Singapore is willing to accept slower growth as a trade-off for social stability as it aims to keep down the number of foreigners working in the city-state, Finance Minister Tharman Shanmugaratnam told Reuters.

Over the past decade, Singapore's economy has expanded by a 6.4 percent annual average. Tharman said that he would be happy if Singapore grew 3 percent a year, as long as growth was driven mainly by gains in productivity.

"Three percent growth is good growth," he said.

High past growth has brought rising numbers of foreigners to work in wealthy Singapore, which in turn has spurred discontent among citizens angered by the strains put on infrastructure and services.

Between 2000 and 2013, Singapore's population rose to 5.4 million from 4 million, with foreigners accounting for the bulk of the 35 percent increase.

http://www.globalpost.com/dispatch/...minister-accepts-slower-growth-trade-social-s

Is PAP repenting?

 

[virus]

cannot walk properly wanna fly

 

[ChaoPappyPoodle]

The fact is that the number of FTs has continued to rise! Another fact is that if the PAPzis had paid off the full CPF to those that qualifed then the GDP would have increased as part of the released money would be spent here. And if public housing was not so ridiculously priced there would be extra money, in the billions of dollars that Singaporeans could have spent here and increased GDP. But the PAPzis will rather keep the CPF and overcharge public housing so that Singaporeans pay and pay and have no time to think about politics or a civic society. Instead the PAPzis commit over 80% of the local population to a long life of economic slavery for the PAPzi and their cronies.

To make matters worse, millions of third world citizens are welcomed with open arms and all are guaranteed a life of wealth back home once they complete their work here. Not only have the PAPzis sold out the country to foreigners they have in fact transferred a good life from Singaporeans to foreigners.

 

[escher]

The fact is that the number of FTs has continued to rise! Another fact is that if the PAPzis had paid off the full CPF to those that qualifed then the GDP would have increased as part of the released money would be spent here. And if public housing was not so ridiculously priced there would be extra money, in the billions of dollars that Singaporeans could have spent here and increased GDP. But the PAPzis will rather keep the CPF and overcharge public housing so that Singaporeans pay and pay and have no time to think about politics or a civic society. Instead the PAPzis commit over 80% of the local population to a long life of economic slavery for the PAPzi and their cronies.

To make matters worse, millions of third world citizens are welcomed with open arms and all are guaranteed a life of wealth back home once they complete their work here. Not only have the PAPzis sold out the country to foreigners they have in fact transferred a good life from Singaporeans to foreigners.

nothing less than dangling from lamp posts will do for those MIWs now
Or necklacing with burning car tyres

Preferably both of that done together and same fate to their collaborators in the SPH , Stinkapore courts and their chief civil serpents



PAPs ARE ATTACKING SINGAPOREANS BY THIS ATTACK ON ROY
PAPs ARE FIXING THEIR PIANO WIRES AROUND THE NECKS OF SINGAPOREANS
PAPs ARE FIXING THE NECKLACE OF BURNING CAR TYRES ON THE NECKS OF SINGAPOREANS
WILL SINGAPOREANS REMAIN HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH FOR PAPs TO FUCK
AND TO TIEW AND TO TIE PIANO WIRES?

TURN UP AT THE RALLY AT HONG LIM TO SUPPORT ROY AND SHOW PAPs WE FIGHT THIS TIME
ENOUGH IS ENOUGH


Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.
BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.
Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.
Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.


GET RID OF THE POISON IN SINGAPORE
HANG ALL THOSE FUCKING PAPs AND THEIR COLLABORATORS
BBQ THE BASTARD PAPs

AND SINGAPORE CAN BE AS GOOD IF NOT BETTER THAN SWITZERLAND

OR REMAIN HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH TO BE FUCKED TO BE TIEWED TO BE KANNED BY THE PAP MAGGOTS COCKROACHES

Kill them all PAPs
Let GOD sort out the good from the really bad ones
The good PAPs can then eat joss sticks and candle wax from time to time
The bad PAPs like smear of shit on sole of shoe LKY will be raped and tiewed and kanned by legions of ghouls and demons and not ever
get time off to eat joss sticks and candle wax

Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.

BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.

Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.

Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.


None of those in PAP work for anyone but that smear of shit on sole of shoe LKY, to help him hold down Singaporeans to screw and fuck hundreds of BILLIONs from us all into smear of shit on sole of shoe LKY stinkapore sovereign funds.

They are there in PAP because LKY know that they are a bunch of self serving greedy bastards and scrapings of scums of society. To call them maggots cockroaches will be to insult real maggots and real cockroaches.
LKY will never allow good decent people into the PAP and good decent people will not want to get into the PAP.

Those in PAP are the most corrupt and moral degenerates and moral bankrupts and moral filths that are being presented to stinkaporeans as moral compasses.

Despite the leeching and fucking of singaporeans by the cheebye PAP and LKY, Singapore still managed to survive to date.
Despite their being hung as a fucking millstones around the necks of Singaporeans and the idiocy and corrupt manipulations of PAP and LKY, Singapore still not dead yet.

WE ALL ARE NOW WAITING FOR THE DEATH OF LKY IN COMING DAYS OR WEEKS.
WE ALL WILL YUM SENG AND YUM SENG AND YUM SENG AGAIN AND AGAIN DANCING SINGING ON TABLE TOPS AND STREETS

WE THEN WILL SEE THOSE IN PAP WITH SHARPENED KNIVES HOOTING ARSEHLOON A DOZEN NEW ARSEHOLES AND THE DEATH OF THE ENTIRE LEE KWA CLAN

WE THEN WILL PICK UP PIANO WIRES AND HANG ALL THOSE REMAINING PAP AND THEIR COLLABORATORS FROM LAMP POSTS AND SEE THOSE BASTARDS AND BITCHES DANCE.
AND HAPPINESS WILL RETURN TO OUR LAND.

AND STINKAPORE WILL BECOME SINGAPORE ONCE MORE.

https://www.torproject.org/about/overview.html.en

 

[Jlokta]

Is PAP repenting?

Erection is cumming.

Next you'll see Gay Loong and his bunch of 超级白 start shedding crocodile tears on tv.

 

[Dark Knight]

That Shiny head chap talk talk to entertain local Sillyporeans only.

Years ago, the gahbrament already decided the only way to grow our economy is thru "consumer spending".
Whatever manufacturing, life science, high end R&D, IT industry etc already came to a dead end.

Hence the MIW go ahead with the 2 casinos, keep spinning out all those condo projects and support the 6.9mil population white paper only in parliament debate
without even asking their peasants opinion. With the demand artificially bloated, the price of housing, transport, food and daily necessities will all keep increasing.

 

[laksaboy]

Those in power tend to say whatever they want, even apologizing, before the election to cling onto power.

Don't be fooled.

 

[blindswordsman]

....Another fact is that if the PAPzis had paid off the full CPF to those that qualifed then the GDP would have increased as part of the released money would be spent here. And if public housing was not so ridiculously priced there would be extra money, in the billions of dollars that Singaporeans could have spent here and increased GDP. But the PAPzis will rather keep the CPF and overcharge public housing so that Singaporeans pay and pay...Instead the PAPzis commit over 80% of the local population to a long life of economic slavery for the PAPzi and their cronies.

To make matters worse, millions of third world citizens are welcomed with open arms and all are guaranteed a life of wealth back home once they complete their work here. Not only have the PAPzis sold out the country to foreigners they have in fact transferred a good life from Singaporeans to foreigners.

When a foreigner became a PR, he would be treated like a shitizen with privileges almost similarly given to locals. The PR contributed to CPF and the pool of money grew with each PR's contribution.

It is like tapping the rubber trees. With more trees to tap, you get more rubber which means more money in the CPF. Where does the money in CPF go to? All sinkies know but cannot see.

All foreigners know the enjoy and benefits of holding the PR, can buy HDB flats to re-sell and make tidy profits when they leave, no NS, etc. Let sinkies die when things in SG go bad and they can balek kampong.

 

[xingguy]

Those in power tend to say whatever they want, even apologizing, before the election to cling onto power.

Don't be fooled.

过了海就是神仙

<iframe width="420" height="315" src="//www.youtube.com/embed/zaz6nEXpTFY" frameborder="0" allowfullscreen></iframe>

"Cheat me once, shame on you.
Cheat me twice, shame on me.
Once a victim, twice a volunteer."

 

[jw5]

Yes, and you can also trade lower salaries for yourselves to have more social stability.

 

[blindswordsman]

That Shiny head chap talk talk to entertain local Sillyporeans only.

Years ago, the gahbrament already decided the only way to grow our economy is thru "consumer spending".
Whatever manufacturing, life science, high end R&D, IT industry etc already came to a dead end.

If this botak ah neh Minister really meant what he said, he should first of all tell LHL to kick out all FTsh in SG who has a court conviction, whether jailed for a day or months or made to pay a fine.

SG is not a cowboy town and all FTsh should behave in this country. The recent report of the Ukrainians fighting in front of the court should be an example for their deportation.

When FTsh remit their earnings from SG back home, they spend less in SG. How do they contribute to enhance consumer spending? It is massive capital outflow. To overcome this, pappies allowed more FTsh into SG. Many sinkies can see the pappies are dumb.

 

[dr.wailing]

Don't be fooled.

Totally agreed.

Anyone, including a 7-year-old, who has seen and studied LTA's roadmap for the next 20 years will realize that our city-state does not need 300 km of roads. It's obvious that LTA has been tasked to forecast a total population (citizens, PRs, foreigners and people in transit) of 8 million.

 

[Dark Knight]

If this botak ah neh Minister really meant what he said, he should first of all tell LHL to kick out all FTsh in SG who has a court conviction, whether jailed for a day or months or made to pay a fine.

SG is not a cowboy town and all FTsh should behave in this country. The recent report of the Ukrainians fighting in front of the court should be an example for their deportation.

When FTsh remit their earnings from SG back home, they spend less in SG. How do they contribute to enhance consumer spending? It is massive capital outflow. To overcome this, pappies allowed more FTsh into SG. Many sinkies can see the pappies are dumb.

No doubt FTs remit their earnings from SG back home and they spend less in SG.
However anyone be it FTs or local Sillyporeans will definitely need to spend $$$ (be it more or less) as long as you've chosen to live and work here.

Consumer spending here we are talking about coverage on a wide spectrum of goods and services be it housing rentals, buying of cars, buying condos, food & beverages, transportation, entertainment, cigarettes, alcohol, medications and all other daily necessities etc. These huge amount of GSTs collected thru consumer spending is very lucrative and that's precisely what the gahbrament is targeting by importing tons of foreigners here.

 

[johnny333]

...Next you'll see Gay Loong and his bunch of 超级白 start shedding crocodile tears on tv.

I hope the 60% don't fall for those crocodile tears trick

For those tempted to give LHL another chance , remember "Fool Me Once, Shame on You, Fool Me Twice, Shame onMe"
They can see for themselves that LHL has continued his "business as usual" policies

 

[ChaoPappyPoodle]

No doubt FTs remit their earnings from SG back home and they spend less in SG.
However anyone be it FTs or local Sillyporeans will definitely need to spend $$$ (be it more or less) as long as you've chosen to live and work here.

Consumer spending here we are talking about coverage on a wide spectrum of goods and services be it housing rentals, buying of cars, buying condos, food & beverages, transportation, entertainment, cigarettes, alcohol, medications and all other daily necessities etc. These huge amount of GSTs collected thru consumer spending is very lucrative and that's precisely what the gahbrament is targeting by importing tons of foreigners here.

Billions are sucked out of our country by foreign workers each month. This amount will hit the roof in 5-10 years time when the first batch of PRs and new shitizens return home. Once this group returns home, the amount of money taken out of Singapore will be like a large tap of water draining out of our economy. The PAPzi have created a totally huge mess and is akin to economic suicide by an entire country.

If the PAPzis wanted to raise GDP they could have sold public housing at cost of building them and released CPF timely and create a pension fund that actually worked to the advantage of Singaporeans. By doing these basic things that any government is supposed to do there would be much more spending locally. The GDP would grow steadily as Singaporeans will purchase more and even invest more in local companies and technology. But what the PAPzis have done is to create an economy where only a small group will earn supernormal profits in property. Not only are Singaporeans suffering but their share of the hard work from themselves and the first generation of Singaporeans are being given away to foreign workers by giving them scholarships, jobs, public housing and even allowing them to remove all of their CPF as soon as they return to their home country.

The bastard PAPzis have ripped off the country and set up a system that only enriches themselves greatly and given them away outright to foreigners. And all of this is done on the hardwork of ordinary Singaporeans. :oIo:

 

[frenchbriefs]

Stop with the sweet lies and careless whispers already ...only 2 years ago u said 6.9 million pop is inevitable,now u say u want to keep foreign population down.is this a flip flop or policy shift???

OH THINk TWiCE PAP,for ITS another day for you and me in paradise.

 

[Debonerman]

It's not the waves of discontent that is the main concern. It is the realization that the situation is becoming untenable. Singapore is broken. All we need to do is to wait for it to collapse like WTC 1,2 and 7 controlled demolition. Boom boom boom boom. An inside job.

 

[blindswordsman]

Billions are sucked out of our country by foreign workers each month. This amount will hit the roof in 5-10 years time when the first batch of PRs and new shitizens return home. Once this group returns home, the amount of money taken out of Singapore will be like a large tap of water draining out of our economy. The PAPzi have created a totally huge mess and is akin to economic suicide by an entire country.

Many sinkies are not aware that companies owned by foreigners are also allowed to tender for Govt projects or services. Why are these tenders not reserved exclusively for companies owned by sinkies? If you look carefully, SG is indeed "raped" by foreigners in all spheres of the economy.

 

[numero uno]

If this botak ah neh Minister really meant what he said, he should first of all tell LHL to kick out all FTsh in SG who has a court conviction, whether jailed for a day or months or made to pay a fine.

SG is not a cowboy town and all FTsh should behave in this country. The recent report of the Ukrainians fighting in front of the court should be an example for their deportation.

When FTsh remit their earnings from SG back home, they spend less in SG. How do they contribute to enhance consumer spending? It is massive capital outflow. To overcome this, pappies allowed more FTsh into SG. Many sinkies can see the pappies are dumb.

what a joke. in most countries like USA, australia or japan, you cannot even get a tourist visa once you have a convicition. even movie stars or pop singers were kicked out of japan for minor offence . Here easily 30% of all FT especially pinoys are crooks with fake qualifications and have convictions in their own country. won't be surprised we have murderers, rapists, conmen amongst them.even when ocnvicted of cheating, these FT still get to work and remain in sinkieland. thius is a joke. in otehr countries they get their passes revoked and deported immediately. no wonder so many crimes and crap behaviour in sinkieland

 

[blindswordsman]

Stop with the sweet lies and careless whispers already ...only 2 years ago u said 6.9 million pop is inevitable,now u say u want to keep foreign population down.is this a flip flop or policy shift???

Ah nehs are good for double talk and doing the flipping of roti prata. They say one thing today and tomorrow it is flipped. That MP bayi, flipped like the roti prata and retracted what he said after netizens commented on his speech.

This botak Minister is another roti prata unless he can show he walks the talk.