Saturday, August 27, 2011

PAP will fall hard

There is clearly huge discontent against PAP. They gerrymandered, they divide the nation so as keep absolute power.

PAP government is too large. Not only does its economic activity hamper local entrepreneurship it also cultivates an environment where within the GLCs a climate of cronyism is created and perpetuated. It is a very poor way to manage an economy. It's good for the ruling party but bad for the country and the people. A lof of the GLCs should be privatised or cut down in size. Productivity and growth within and outside of Singapore can only be achieved by true entrepreneurs and not by government-linked employees. Government-linked employees are like the opposite of what an entrepreneur is.

Free-market is the backbone towards economic growth. Less government involvement except in legislation is what the economy needs. ALl needs to be done and done in a structures manner. Right now, our economy is tuned to support the PAP regime in all the areas that support the regime but there are too many policies that harm the country in the long term and the people in both the short term and the long term.

Do you seriously expect the majority of Singaporeans to be able to survive on current wage and economic structures when housing reaches 30-50% higher than what it is today?

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