20 Feb '11, 1am

[TR] Budget Goodies….2010

[TR] Budget Goodies….2010

The 2011 budget like the 2006 overall does deliver some goodies – progress package, employer CPF contribution hike, HDB grants and so on[summary here ]. The progress package will be paid before 1 May 2011 which means it is likely that we have the elections before May. Experience tells us that we will very quickly regret if we allow these goodies to sway our votes. The good intensions will quickly disappear and if they get a big mandate, they will take it that they can run the place the same way they did since the last elections. Just remember the torrent of fee hikes once the 2006 elections was won by the PAP – everything from GST to transport to minister’s pay to kindergarden fees were raised in quick succession. We cannot let this happen again simply because we cannot allow the country to continue in the same direction as it has in the past 4 years. The quality of life o...

Full article: http://www.temasekreview.com/2011/02/20/budget-goodies-2010/

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