Enough of silly slogans, focus on real problems

May 12, 2009 by · 6 Comments
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By the Singapore Democrats
11 May 2009

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The latest war cry from our multi-million-dollar cabinet: Re-skill, upskill and multi-skill. It’s the worn-out refrain started years ago to get our workers to “upgrade” themselves and prepare for the New Economy.

New Economy? We never even got out of the old one. We are still giving multinational companies (MNCs) heavenly tax breaks in the hope that they will continue to pull their investments here.

And when we tried to diversify into other industries, we ended up competing with other secrecy jurisdictions for money from tax cheats and money-launderers. We did this by re-writing our banking laws to protect the secrecy of questionable clients and constructing casinos.

But all this “New Economy” revamp has resulted in Singapore becoming the first country in Asia to plunge into recession. Since October last year the economy has been on a free fall, making Singapore the worst performing economy in the region and our worst performance since the 1960s.

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PM and PAP MPs adopt SDP’s economic ideas

February 5, 2009 by · 1 Comment
Filed under: Archives 

By the Singapore Democrats
05 Feb 2009

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Even as it rubbishes the economic proposals put forth by the Singapore Democrats as unworkable, the PAP pilfers them and then claims them as its own.

The most glaring is the Singaporeans First Policy. The SDP had campaigned on this proposal in the 2001 general election where we said that when it came to the economic interests of the people, Singaporeans should take top priority over non-citizens (see here).

This matter was even reported in the International Herald Tribune (see here). Mr Lee Kuan Yew and Mr Lim Hng Kiang had then slammed the policy saying that it would hurt Singapore’s prospects for growth.

Five years later on 3 Dec 06, Prime Minister Lee Hsien Loong unveiled the “Singaporeans-first policy” (see here) in which he called for healthcare subsidies for non-citizens to be reduced.

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