if the gahmen can
afford it, why do it need to raise GST ?
dont forget singapore economy is widely influenced by external factors.. it can swing quite wildly from time to time..
whats amusing is, once AI can take over the majority of work, what will happen to all those civil servant ?
This is a simple question that most people will ask. If you can afford it, why raise prices?
We must understand that there is no free lunch from the government. We must recognise it. Unfortunately, there are still people who don't understand it.
The government gives this and that to certain individuals or groups, etc. The funding must come from somewhere; and the source must be sustainable in the long term.
That's why in all elections when the opposition parties said they wanted to give this and that, the government will always rebute one question back to them, i.e. where do you get the funding and how sustainable in the long term. As usual, almost all opposition parties have no answer to the source of funding and their sustainabilities in the long term.
The government has been giving out a lot of freebies / money to the citizens in these few years. The second fact of our government is that they don't wish to utilise the reserves unless emergency. Without touching the reserves, where are you going to get the funding to fund various causes or projects such as the pioneer generation packages, and so forth.
The third fact about the government is that they are running out of ideas. How do get money? If you have ways, you can submit your proposal to PMO.
Last but not least, it is not about the affordability of the government. They can definitely keep the current civil service workforce for their political chips. It is about to get funding to finance projects, etc without touching the reserves.
Infrastructure and healthcare spending will surely go up over time given the aging population.
