No offense to Insg, but I believe points 1-3 are all wrong.
LTA cock up COE forecast? Cannot be lar. Our government is very
smart one.
PAP no money? Also cannot be lar. Our government is very rich
one.
But one thing for sure, PAP is very determined to bring in more
foreigners to provide cheap labour for their government linked
companies, and also to top up our shrinking population due to low
fertility.
These foreigners comprise at least half of the total population,
and probaby need a car or a truck or a van for their jobs. This is
what is causing the roads to be so fully utilised even during off
peak hours.
COE forecast cock up is actually what the LTA wants us to
believe. The sudden influx of foreigners is the root cause for this
increase in traffic & overcrowding here. More foreigners be
them FT or FW, needs for food, accommodation, transport etc.
increased thus fattening the pocket of MIW linked companies which
indirectly supporting more MIW sah-ka kia.
GLC losing $ is a fact everybody knows. So there must be some
ways to replenish their coffers, ie. increasing demands for
everything under the PAP roof, $ will flow in.
Anyway, I don't trust the MIW and anything their medias say.