i have no partisan view today. No worry, just speak from my
heart.
this is my 2 cents thoughts on policy making. How to pick the best
options , ie the best policy for middle term to long term benefits
of SG.
i hope this can help u to decide which party is the best to run
SG in the future.
i hope u can judge each Party in OVERALL.
Just look at bright side(some policy u like) of Party A or just
look at dark side(some policy u dunt like)of Party B is not
responsible to your next generations.
i will assess each option by three aspects,ie
A.COST,
B. BENEFITS,
C.RISKS.
IN EACH ASPECT, I FURTHER
CONSIDER THE FOLLOWINGS-
1.FINANCIAL TERMS-DOLLARS AND CENTS
2. ECONOMIC IMPACT
3. POLITICAL IMPACT
4. SOCIAL IMPACT
DUNT ADOPT GOOD POLICY. ADOPT BEST POLICY.
1. Good policy usually mean painless to people. human being cant
produce no pain policy. we have to assess the OVERALL pros and cons of each option.
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now i talk about different aspects in COST in
each option.
1.FINANCIAL TERMS—DOLLARS AND
CENTS
2. ECONOMIC IMPACT
3. POLITICAL IMPACT
4. SOCIAL IMPACT of BENEFITS of each option.
A.COST
A1.FINANCIAL TERMS—DOLLARS AND
CENTS
Is the policy sustainable in long term?Will the capital expenses
and future annual expenses is affordable? do we need increase tax
to implement it? or do we need reduce other expenses to implement
this policy.
The rule of thumb is THIS GENERATION EARNS.
THIS GENERATION SPENDS.
LEAVE NO DEBT TO FUTURE GEN, NOR DIP INTO RESERVE left by forefathers.
US leave billions of debts to next gens is very mean.
A.COST
A2.ECONOMIC IMPACT
How each option will affect current and future econ
performance?
eg if manufacturing is reducing, can the workers eligible and like
to work in other fields. further, how is reducing manufacturing
affect the up streams and down stream industries, eg transports,
catering, finances, insurance, R and D etc.
A.COST
A3. POLITICAL IMPACT
what would be people reactions to each options?
eg many People angry with casino.(but dunt forget many IR workers
are local)
A.COST
A4.SOCIAL IMPACT
how is social impact of each option. IR will create more gamblers.
This is sure.
but SG on the other hand, can get frequent gamblers who go to
Genting and casino ships switching to play in SG casino. this
reduce out flowing of SG money.
For any options, what is social cost, and also benefits,if
any.
Can SG absorb the social cost/ At what costs?
£££££££££££££££££££££££££££££££££££££
now i talk about different aspects in BENEFITS in each option.
1.FINANCIAL TERMS—DOLLARS AND
CENTS
2. ECONOMIC IMPACT
3. POLITICAL IMPACT
4. SOCIAL IMPACT of BENEFITS of each option.
B.BENEFITS
B1.FINANCIAL TERMS—DOLLARS AND
CENTS
how each option can generate revenues for government and how people
can be benefits from each option. a low tech factory sure can pay
low salary to workers. but a high tech factory or services which
need skilled and professional workers sure can pay more.
B.BENEFITS
B2. ECONOMIC IMPACT
how is the spinning effects of each options? IR can bring in more
tourists (and some criminals, to be honest ).how are up and down
stream industries can be benefited?eg hotels, Foods and
restaurants,tour guides etc
is Disney land or Universal Studio better?
How to compare with other options,if any.
B.BENEFITS
B3. POLITICAL IMPACT
how is each option let government get more trusts and confidences
from people?
Some dunt like casino, but some like becos he want to work as
dealers etc.
many need earn a living!
B.BENEFITS,
B4. SOCIAL IMPACT
how is each option improve the people in physical standard of
living, as well as more civilized.
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now i talk about different aspects in RISKS
in each option.
1.FINANCIAL TERMS—DOLLARS AND
CENTS
2. ECONOMIC IMPACT
3. POLITICAL IMPACT
4. SOCIAL IMPACT of BENEFITS of each option.
C.RISKS.
C1.FINANCIAL TERMS—DOLLARS AND
CENTS
How is the worst case of each option. Can we afford to pay or do we
need increase tax or reduce other expenses?
How is the possibility of running out of budgets,like YOG.
if we DOUBLE TEACHERS, will there be enough
students?
C.RISKS.
C2. ECONOMIC IMPACT
how will any option affect the targeted mainstream industries , as
well as up and down stream industries?If we ask foreign
construction workers go, will we have enough local workers to build
HDB and how much is salary of local
workers?
further, if we sell HDB at cost or cost plus,
more local workers sure will push up new HDB
price.
C.RISKS.
C3. POLITICAL IMPACT
how is each option will affecting people’s trusts on government
?
C.RISKS.
C4. SOCIAL IMPACT
how is each option will has adversary social impact ? Can SG
rectify the damages?
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SUMMARY
no option is perfect. we have to strike the balance of all factors
I mention above.
Like casino may create more gamblers. but will few thousand local
workers working in IR now can get other jobs?