Dear fellow Singaporeans,
Happy National Day
. . . but are there good reasons to celebrate?
Inflation is at an all time high. Consumer prices are soaring, fuel oil is at record prices, and the value of our money is also getting smaller. So, is there any good cause to celebrate?
More ERP gantries are being installed, for longer hours, and some at higher prices too. Night ERP is here to stay. Even though our night-time drive home does not affect economic productivity, they are still up. These will directly affect our time spent with our families. The Government wants us to take more public transport like buses and MRT. Yet, the Public Transport Council has given its green light for both the SMRT and Comfort-Delgro to ask for another guaranteed 3% fare hike -- to enable them to maintain their profit margin, in the light of soaring business costs.
When the workers asked for a corresponding pay rise to cope with the higher cost of living, Finance Minister Tharman responded that it will cause another round of inflation. It is indeed a surprise that our workers have such powers to cause Inflation, but not our Ministers. Do you know that our PAP Ministers would soon be enjoying another round of confirmed wage hike of up to 21. 64% at the end of 2008. This hike was approved in Parliament last year.
Our President, MM, SM and PM will each earn around $3.76 million per annum, after this wage hike. Now, if those scary wages are not inflationary, how can our workers’request for a pay-rise be inflationary?
When increasing the GST to 7% last year, the Government, estimated that it would suffer a $700,000 deficit with the GST-offset package. But by the end of 2007, it reported a budget surplus of $6.45 billion instead. The Government had once again extracted too much more money from the people, than was required to run this country.
Except for some PAP elites, life is getting tougher for everyone in Singapore. Middle-income Singaporeans have been hit hard, and are badly squeezed by the Government’s policies. Are you one of them? If so, what are you going to do about it? We cannot remain indifferent and pretend that nothing can be done.
On this occasion of our 43rd National Day, may we wish you a happy holiday. We would also urge you to think and reflect on how we (together) can work to lobby the PAP Government to squeeze less and do more for the people of Singapore.
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Once again, Happy National Day.
Sebastain Teo Kway Huang
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