Sdp: A new economic vision for singapore

makapaaa

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[h=1]SDP: A NEW ECONOMIC VISION FOR SINGAPORE[/h]
Post date:
4 Feb 2015 - 12:36pm








Singapore’s economy has registered dramatic growth in the last half-a-century. This expansion has, however, come at a cost. Because of the PAP's obsession with GDP-growth-at-all cost, serious problems have emerged.

Income inequality is troublingly wide, our workforce is dispirited, we are not innovative, our productivity level is languishing, we are overly reliant on foreign labour, our retirees don't have enough to retire on, our middle-class also live from paycheck to to paycheck, our household debt is the highest in Asia...

All these have raised questions about the sustainability of our present economic direction.

Singapore needs a new economic strategy that will take us into a new era of sustainable growth, one that will allow us to compete on the international stage, not consign our workers to a cycle of working harder and longer for less and less; that uplifts the people, not dumb them down; and whose priority is the well-being of all the people, not just the rich.

Material gain must have a collective social good. Gain for its own sake can be destructive to social processes and to a community. And social good can only come about when the people are not alienated from the decision-making process and when community bonds are strengthened instead of weakened.

In other words, we must work towards an enlightened economic system.

The SDP has drawn up an alternative economic programme titled A New Economic Vision: Towards Innovation, Equal Opportunity and Compassion that will allow us to achieve our goals. It will address the everyday concerns of Singaporeans as well as plan for the long-term needs of the country.

The policy paper, which will be launched this Saturday, is one that is people-centric and has as its prime objective the well-being and happiness of the Singaporean people.
In it, we spell out details on key areas on how Singapore can:


  • Implement Minimum Wage for all low-income workers
  • Introduce retrenchment benefits for an increasing number of Singaporeans who are laid-off
  • Fix our abused and misused CPF scheme
  • Make our sovereign wealth funds transparent and accountable
  • Foster innovation and boost productivity







These measures are aimed at increasing economic opportunity for Singaporeans by leveling the playing as well as freeing society so that we can become a centre of innovation.
The SDP’s vision is to create an economic system that benefits all Singaporeans, one that makes our society fair and compassionate by bringing out the best in our people.
To do this, we need a government that works for the people – not vice versa.
Join us this Saturday for the launch of

A New Economic Vision:
Towards Innovation, Equal Opportunity and Compassion

7 February 2015, 2pm
Chinese Success Media
#04-41, Bras Basah Complex, Bain Street

Singapore Democrats
Source: YourSDP.Org
 
These are very little improvement over the social welfare of its people. What about economic growth and strategies? Get a real economist to address such issues.
 
There is nothing wrong with income inequality. It is up to the lower income group to strive to match the upper echelons of society.

The high income earners serve as inspirations for the masses.
 
There is nothing wrong with income inequality. It is up to the lower income group to strive to match the upper echelons of society.

The high income earners serve as inspirations for the masses.

In theory, yes.

In practice, where the income gap is very wide, there are real structural barriers to upward mobility, e.g. poverty trap. Without the aid of judiciously implemented redistributive policies, there's very little hope of a poor person breaking into the middle class band, much less catch up with the high-income earners.
 
In theory, yes.

In practice, where the income gap is very wide, there are real structural barriers to upward mobility, e.g. poverty trap. Without the aid of judiciously implemented redistributive policies, there's very little hope of a poor person breaking into the middle class band, much less catch up with the high-income earners.

This chap has proven otherwise.
 

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This chap has proven otherwise.

Sure. There was a time, in the '60s and '70s when the PAP govt was socialist. Basic education was literally free, utilities were state-provided at nominal rates, total government healthcare subsidy was about 70%, HDB flats cost less than $10,000 a unit, and public transport was truly publicly owned and run, and taxes were ploughed back into infrastructure.

We've swung all the way right since. Throw in cronyism, nepotism, an elitist scholar-run bureaucracy, government privatizing public services and getting into business, and heavy reliance on immigration and foreign labour to drive economic growth, and you get a implosive mix that has taken the country down the tubes.
 
These are very little improvement over the social welfare of its people. What about economic growth and strategies? Get a real economist to address such issues.

No need for real economists to address the issue.just post the video of Greece rioting.5 to 10 years later Singapore would be bankrupt,unemployment will reach 25%,Germany and IMF will be reaming our assholes with 10 billion loans and austerity cuts.
 
This chap has proven otherwise.

How has he proven otherwise?did he become financially successful businessman/entrepreneur/magnate/tycoon/industralist/technologist on his own?all he did was become a cock sucking beureaucrat/paper general parachutist.
 
How has he proven otherwise?did he become financially successful businessman/entrepreneur/magnate/tycoon/industralist/technologist on his own?all he did was become a cock sucking beureaucrat/paper general parachutist.

He has made the transition from peasant stock to elite ruling class. He has proven that all that's required is hard work, perseverance and the skills that be acquired by anyone.
 
There is nothing wrong with income inequality.

The problem is income inequity. ;)

There is nothing wrong with income inequality. It is up to the lower income group to strive to match the upper echelons of society.

The high income earners serve as inspirations for the masses.
 
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