To the oppies,
I did not vote for PAP out of fear. I voted for PAP because your ideas did not take into account of global trends.
I did not vote for PAP thinking they can resolve the problems of the world, I do expect them to make the transition more painless for Singaporeans.
If Foreign Talent is to get the job, at least allocate enough money for Singaporeans to upgrade their skills so that they can remain competitive.
I did not vote for PAP because I liked them, I voted for PAP because I think for now they can do the job best. The rest just talk (and anyone can do that).
In fact, I feel that Worker’s Party fashion sense seems to be better. At least there are some colours. White shirts easy to get dirty, hard to maintain.
I am aware that our government may have lost some money in some investment, but I think that is part of the game of investment.
As long as the investment is not lost through dishonesty but through inevitable global / market / business trends, I am fine.
I don’t think I deserve to receive any part of the reserves, I am just wondering why do the oppies feel so dignified and justified that they deserve our reserves.
The reserves (through our fixed asset) should be used for the betterment of our country, provide infrastructural framework for our learning, leisure & work.
I feel very amused that the oppies say that the whole country is against 6.9 million white paper, but I am very happy with the white paper.
There are people who say I am happy with the white paper because I am a businessman and will benefit by having more customers in the country.
Actually that is true as well, but what is more true is that with more population, it will drive business cost down, and some business will provide services / products affordably to the less well off segment.
With no big population to support businesses, no businesses can afford to help the poor. The oppies are understanding this so so wrong.
It is true that higher population will drive certain segment’s goods prices up, but it will also drive certain products and services’ prices down as well.
Higher population is good for the poor.
The oppies, think again of those people voting for the white uniformed PAP. It is not because we are upper class and want to maintain our edge over the poorer half of the population.
We are voting for PAP because it will take care of the whole country. The oppies need to polish up their plans.
And don’t get me started on the CPF problem. Yes, it is true that the government is increasing the age to withdraw CPF, and there is a logical reason to it, we are living longer.
Also, as a funding guy, I have seen millions of dollars or hundreds of thousands at one shot. Most people in the working class has never held 100-200k in their hands before, what do you think would happen when they hold that amount of money?
The money would be squandered. Cheated by some younger women / men. The country is doing you a favour by safeguarding for you.
If you know how to handle the finance, the minimum sum of 100+ K is not going to make a difference to your lifestyle. If you do not know how to handle finance, then the 100+ K is better off safeguarded by the government of Singapore.
Thanks.
Yours Loyally,
Source: Raymond Ng