Thanks. I am very "not in the picture".
However, this type of speculation is.... err...very difficult to
substantiate?
There's nothing really much to substantiate. It's just the very
coincidental move to up our charges right after F1.
In addition, we all can speculate from the way the govt works,
that it does its best to ensure minimal ZERO cost in all the
aspects of things it does.
Examples:
Give more to the poor => increase GST
Build affordable HDB flats => Peg to market value (when the
cost price of a flat was estimated by a citizen to be at most
$50,000 for a 5-room) and claim it gives market subsidy of $30,000
or $40,000. Make flats smaller to lower costs and increase
earnings
Build ERP rather than build a bridge or widen the road to ease
traffic (coz bridges cost more and there's no ROI, ERP on the other
hand, is easy to install and there's very good ROI)
Everything this govt does, is likened to a corporation. In most
projects, it makes $$$ out of its citizens in one way or another,
and at the very least, it must achieve zero-cost for its
projects
