Lui Tuck Yew is a High functioning moron

"Lui Tuck Yew pointed out that this idea would result in commuters and taxpayers -- those who do not take public transport -- paying more, and possibly, for a poorer level of service over time."

Taxpayers' money is socially-sound for a more even distribution of economic growth. I'd rather my tax go to subsidizing public transport than to ministers' pay. They don't take public transport. Those who know that their tax pays for the public transport would more likely be encouraged to take public transport instead of driving their car. Then, we could lower ERP due to fewer traffic flow and more environmental-conscious Singapore.

"Not only would people have to pay more, nationalising the operators could result in a stagnation of service quality or efficiency over time," Lui added."

How many a time do we see drivers late for their scheduled departure, hooligan drivers tend to stomp their authority on roads for others who swerved in their paths accidentally and who don't speak English? Personal experience here. I think we need SBS to give true statistics (audited with resolution letter concluded) on the number of complaint cases. Overcrowding on trains, it's still not showing any sign of easing, PAP.

"cost-recovery"

Sounds better than profit-driven. We have seen profit-driven PTOs and they are not doing us any great service as with free-competition industries. If profit-driven is definitely not working, why not give cost-recovery a go?

"adjustment formula which takes into account factors such as the Consumer Price Index (CPI) and average national wage increases."

CPI, a gauge of inflation. If CPI goes up, wages are sticky, more and more Singaporeans are finding public transport hard to cope, all the more prices should go down! Income gap in Singapore is not unheard of, and it is real and widening, how can we depend on average national wage increase?

Public transport should be for the mass public and increasing the fare would estrange more individuals. Justify the increase with statistics about services, the contentment and profile those who responded. We want a government to serve the interest of the mass public, not of those profit-driven companies.