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1 week ago General
Economists have sharply raised Singapore's growth forecast for this year to 5%, up from 3.5% previously. The upgrade comes after a strong tech cycle helped boos…
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<br>It merely creates the illusion of economic progress by inflating money flow through spending and revenue collection.
<br>By continuously increasing the population, the government artificially inflates land and public housing prices while boosting tax revenues.
<br>This drives up the cost of living, burdening citizens with higher GST, escalating COE premiums, and rising healthcare costs.
<br>For many Singaporeans, GDP growth is perceived as a negative indicator rather than a sign of prosperity.
<br>This corporate-first framework relies heavily on aggressive population growth and hyper-competitive labor markets, making everyday citizens feel like expendable corporate employees rather than true stakeholders.
<br>It is fundamentally unfair for generations of local Singaporeans to sacrifice, pay taxes, and build this country from nothing, only to watch policy frameworks prioritize an influx of newcomers over safeguarding local livelihoods.
<br>True economic success cannot be measured by a corporate balance sheet; it must be defined by the security and purchasing power of the citizens who built it.