Whatever PM Lee says will not change the current situation -
that the GST hike, coupled with other parallel price inflations
which are inter-related, is causing a direct impact to the costs of
living, to say nothing of the delayed withdrawal of CFP funds, up
from 65 to 67 now.
So working up to 67 is the plan now? What was it before...55?
That's a progressive revision of 12 years since the CPF
inception.
Our govt is really one-tracked in its thinking...ironically, they
call for creative thinking and lament that we lack
entrepreneurship. But when a few shine, they immediately step in to
claim the credit.
Why must they insist on a failing idea? There are other means to
control rising costs, apart from control CPF. They are looking at
the fiscal approach; have they forgotten the monetary side?
With costs rising without checks, and the govt intrinsically
endorsing every increase, from GST, to public transportation, to
high rentals and HDB prices, how will our ever stagnant salaries
keep up?
In case PM Lee didn't realise, we don't write our own cheques, and
only a portion of the population are savvy enough to make astute
investments to grow their own savings; the majority WILL BE LEFT BEHIND -
which brings back the umblical cord of reliance on the govt.
And he bawks on us bawking on his budget plan?
Ultimately, there are limits to how much nonsense the average man
on the street will take; the ruling party can say this and say
that, but it will all add up to BS if they fail to live up to their
words.
Hopefully, some real action spawns as a result of PM Lee's
rally.
