The PAP keeps making empty promises to S'poreans

[True Believer]

In spite of the S'pore govt promising us that the influx of foreign talents would create more and better paying jobs for S'poreans, this has become another empty promise. To add insult to injury, now Deputy PM and Minister for Trade and Industry Gan Kim Yong tells us that
economic growth does not automatically guarantee job creation for S'poreans, owing to automation, AI and productivity improvements, which may necessitate fewer workers. He conveniently "forgot" to mention the presence of 650,000 Indian nationals as well as foreigners from other countries taking PMET jobs away from locals.

 

[True Believer]

While the economy grew by 5% in 2025, it has not translated to better pay for median workers, with high costs of living, housing and healthcare creating financial stress. Furthermore, S'pore's efforts to handle a potential 15% global tariff with other South East Asian leaders who have negotiated tariff reductions, has been lacklustre. The PAP leadership has not secured similar cost-lowering deals for us. Are our politicians sleeping on the job?

 

[laksaboy]

'Help create jobs' was a regularly used lie (half truth?) by the PAP regime since a long time ago.

Flashback to 2004, when the IMF and World Bank came to SInkieland for a meeting, and Suntec was turned into a maximum security gulag. "Four Million Smiles Welcome You".

https://en.wikipedia.org/wiki/Four_Million_Smiles

Then 2010, the opening of the first casino ('integrated resort') and the Youth Olympic Games.

All the events were shamelessly hyped on the media to 'help create jobs'.

Then this in 2013. It was probably around the time when Sinkieland was fully pivoting into a money laundering hub.

A few years later....

James Dyson buys Singapore penthouse: What does he get for S$73.8 million?​

10 Jul 2019
https://www.channelnewsasia.com/singapore/james-dyson-singapore-penthouse-wallich-residence-870461

James Dyson Ends Singapore Adventure, Sells Singapore Penthouse​

22 April 2021
https://www.finews.asia/high-end/34314-james-dyson-ends-singapore-adventure

 

[True Believer]

Our flip-flopping govt now admits that economic growth can no longer be assumed to generate jobs, even as our tiny island resembles an overcrowded chicken farm with more than 6 million residents after 10 years of steady immigration. This is a sharp turn from the 2013 Population White Paper, which asked S'poreans to accept rapid population growth for a “dynamic economy” that would “steadily create good jobs and opportunities”. I guess with 4 in 5 newly created jobs going to foreigners, the PAP "forgot" to mention who would get these good jobs and opportunities!

 

[k1976]

Wealth Twickling Down effect for Hardland bottom feeders like moi

 

[True Believer]

Wealth Twickling Down effect for Hardland bottom feeders like moi

S'poreans waiting for the crumbs that fall from the table i.e. 4 in every 5 newly created job goes to non-S'poreans.

 

[True Believer]

Wealth Twickling Down effect for Hardland bottom feeders like moi

The bottom feeders are PAP grassroots volunteers who sit under their MP as he eats and wait for the crumbs that fall.

 

[k1976]

Wow… very very vivid pic cheers

 

[True Believer]

The SG govt's Population Goal (2030) of 6.5 to 6.9 million, intended to maintain a dynamic economy and support a declining workforce, has failed miserably to date. We remain the most expensive city in the world, with the cost of living continuing to skyrocket. Meanwhile, the quality of life declines with residents packed like sardines in a small tin. Where are the quality jobs? They are going to foreigners.

 

[True Believer]

We no longer need to travel to India to spot black panthers. There are 650,000 in Singapore.

 

[True Believer]

Wow… very very vivid pic cheers

An example of "bottom feeders" in the grassroots.

 

[batman1]

And ignorant and stupid sinkees keep accepting the empty promises. 555

 

[Pinkieslut]

PAP giving out CDC vouchers and heavily subsidize HDBs and healthcare otherwise coolie genes will still be living like coolies

 

[Sustanon]

S'poreans waiting for the crumbs that fall from the table i.e. 4 in every 5 newly created job goes to non-S'poreans.

Go watch this movie "The Platform" if you haven't already..... it depicts the situation here in Singapore very well....

 

[True Believer]

PAP giving out CDC vouchers and heavily subsidize HDBs and healthcare otherwise coolie genes will still be living like coolies

Isn't living in the HDB slums a coolie quality of life in a 1st world nation?

 

[k1976]

Global UHNW (at least US$30 million) population

Source: Knight Frank Research, Forbes
Meanwhile, the number of billionaires in Singapore has gone up from 28 in 2021 to 63 this year, and could further increase by 35% to reach 85 by 2031, Knight Frank notes.

That said, the spending power of US$1 million has also fallen sharply in many prime locations around the globe, with overall prices of luxury homes increasing worldwide and in Apac.

Between 2020 and 2025, the amount of square footage that a US$1 million budget could secure shrank across many markets, with the steepest contractions in Dubai (–66%), Tokyo (–41%), Miami (–40%) and Los Angeles (–28%). That is according to Knight Frank’s Prime International Residential Index 100, which is included in the wealth report. It reflects intense appreciation in global prime residential markets, the consultancy says.

In Singapore, this buying power declined by 22% over the same five-year period. Back in 4Q2020, US$1 million could have purchased 36 sq m of prime residential space in the country. That fell to 28 sq m as at 4Q2025.

Spending power of US$1 million (4Q2020 to 4Q2025)

Source: Knight Frank Research, Macrobond

 

[k1976]

Better than Swiss Standard of living with 6yrs
Good Hands really deliver results de woh

 

[A Singaporean]

Retards do not know that they are being fucked.