sg employment down, foreigners ... up

[calugaruvaxile]

or at least so says the straits of today ... and the productivity is also going down (nonono, with all those productivity grants and ufo bartenders? impossible)

i can't wait for the cries of anger from the natives.
and this time they can't even blame the gov't and declare themselves about to oust the pap

getting the popcorn

[JR8]

'Atlas Shrugged' - Pt.92

-----
'Atlas Shrugged is a 1957 novel by Ayn Rand. Rand's fourth and last novel, it was also her longest, and the one she considered to be her magnum opus in the realm of fiction writing.[1] Atlas Shrugged includes elements of science fiction,[2] mystery, and romance,[3][4][5] and it contains Rand's most extensive statement of Objectivism in any of her works of fiction.

The book depicts a dystopian United States, wherein many of society's most prominent and successful industrialists abandon their fortunes and the nation itself, in response to aggressive new regulations, whereupon most vital industries collapse. The title is a reference to Atlas, a Titan described in the novel as "the giant who holds the world on his shoulders". The significance of this reference appears in a conversation between the characters Francisco d'Anconia and Hank Rearden, in which d'Anconia asks Rearden what advice he would give Atlas upon seeing that "the greater [the titan's] effort, the heavier the world bore down on his shoulders". With Rearden unable to answer, d'Anconia gives his own response: "To shrug" [i.e. throw it off].

The theme of Atlas Shrugged, as Rand described it, is "the role of man's mind in existence". The book explores a number of philosophical themes from which Rand would subsequently develop Objectivism.[6][7] In doing so, it expresses the advocacy of reason, individualism, capitalism, and the failures of governmental coercion'.
-----
https://en.wikipedia.org/wiki/Atlas_Shrugged

[Strong Eagle]

Atlas Shrugged and Ayn Rand's entire economic premise is a bunch of baloney.

[nakatago]

Atlas Shrugged and Ayn Rand's entire economic premise is a bunch of baloney.

I remember Ant-man and this exchange between Michael Douglas and Paul Rudd:

"Scott."
"Yeah?"
"You're full of shit."

Yup.

[Aragorn2000]

or at least so says the straits of today ... and the productivity is also going down (nonono, with all those productivity grants and ufo bartenders? impossible)

i can't wait for the cries of anger from the natives.
and this time they can't even blame the gov't and declare themselves about to oust the pap

getting the popcorn

Certain things are inevitable/unsolvable given the existing constraints regardless of what you do about it.

Would the opposition (or anyone else for that matter) do any better?

[x9200]

Surely not. Cutting down the No of foreigners was only about healing objectively benign symptoms. How this supposed to do any good to the whole bunch of underlying problems? As somebody said, let's break the thermometer so we will have no fever.

[JR8]

Atlas Shrugged and Ayn Rand's entire economic premise is a bunch of baloney.

Well you would say that wouldn't you
['She has been a significant influence among libertarians and American conservatives.']
https://en.wikipedia.org/wiki/Ayn_Rand

A reader might find something of a capitalist manifesto within it's story. But having fled the Russian revolution for America, one might imagine she had some useful first-hand insight into both political systems.

Anyway, the point of mentioning the book [in a SGn context] was the idea that if you welcome in MNCs but then via governmental social policies force them to hire people they don't want to hire: Then don't be surprised when the MNCs quit.

The alternative would be welcoming the MNCs in, forcing them to sign-up to such social policies, then never letting them relo to more profitable regional locations, since now they have a 'deep social responsibility' (in fact an obligation) to support the locals. Perhaps [even ;;] you can see there is some truth in what she warns against?

[calugaruvaxile]

Surely not. Cutting down the No of foreigners was only about healing objectively benign symptoms. How this supposed to do any good to the whole bunch of underlying problems? As somebody said, let's break the thermometer so we will have no fever.

c'mon ... cutting down the number of foreigners was a populist measure meant to show the populos that the gov't does something about it. actually the pap took a lot of wind from the opos' sails with these populist employment measures (aka jobs bank and likewise). well, it turned out that the effect of these measures is negative.

why i posted this? not for the numbers per se. i just want to stress that the dream is over, once the elections have passed. and that the populace has been effectively fooled to believe a false reality. and now, it's time to wake up.

my bet: this is just the first step: showing the real numbers. oh, i do believe that the next numbers they will show is about some contracting economy. step to is to pay for the pork barrel giveaways. bonus cuts, gst increase, etc etc. this, probably justified by the contracting economy numbers.

i estimated that there will be a honeymoon (literally one month of love), and then it will start. but it seems that the gov't is hyper-eager to put the populace to pay. maybe the accounts are really bad

[JR8]

Usually a newly elected government gets all the dung enacted within the honeymoon period, maybe the first 6 months.

In fact new Chairman of companies tend to do similar. Arrive, blame it on the predecessors, and get the pain of all/any bad news and more through the accounts ASAP. This is why a Chairman of a PLC resigning/retiring is bad news, as the dung is certain to come a few months hence when the new Chair is appointed. It is referred to a 'kitchen-sinking', to kitchen-sink the accounts etc.


---
'kitchen sink
noun: 1.the final item imaginable on any extensive list of usually disparate items:
He packed everything for his trip except the kitchen sink.'
---
http://dictionary.reference.com/browse/kitchen-sink

[calugaruvaxile]

he he. what was i saying?

today's straits times: "Weak export data pushes Singapore closer to technical recession: DBS". they move fast, yet sooo predictable.

so now we start the series of bad economic news. very soon we'll see people called to pursue the monolithic unity around the gov't, as demonstrated in the elections" by adjusting the belt innerwards.

we are the best, we know you know, but the situations is such that we all need to make sacrifices, (as in the times depicted on the large screens). for example, 20% off salaries in the public function. and don't forget that the ministers are going to lose the most, so they really deserve our deepest compassion.

why do i have the feeling i've already seen this movie before?

[calugaruvaxile]

Usually a newly elected government gets all the dung enacted within the honeymoon period, maybe the first 6 months.

In fact new Chairman of companies tend to do similar. Arrive, blame it on the predecessors, and get the pain of all/any bad news and more through the accounts ASAP. This is why a Chairman of a PLC resigning/retiring is bad news, as the dung is certain to come a few months hence when the new Chair is appointed. It is referred to a 'kitchen-sinking', to kitchen-sink the accounts etc.


---
'kitchen sink
noun: 1.the final item imaginable on any extensive list of usually disparate items:
He packed everything for his trip except the kitchen sink.'
---
http://dictionary.reference.com/browse/kitchen-sink

of course, the pap gov't will blame the previous pap gov't for the "bad inheritance" and the messed-up accounts??

if this is where we're at, i ponder whether this is a case of a bunraku show or a case of schizophrenia

[JR8]

No, they'll blame it on the token opposition they allow to exist solely as a scape-goat. heheh...

SG heading for recession? Well, lucky this news came out this week. Heavens forbid it came out before the election, you know. 'Now the people sure pay ah?' Timidity and blind greed both have a price.

[calugaruvaxile]

No, they'll blame it on the token opposition they allow to exist solely as a scape-goat. heheh...

SG heading for recession? Well, lucky this news came out this week. Heavens forbid it came out before the election, you know. 'Now the people sure pay ah?' Timidity and blind greed both have a price.

you're right, the ahtpec is the culprit for all this. and for the next train breakdown, too!

[x9200]

Surely not. Cutting down the No of foreigners was only about healing objectively benign symptoms. How this supposed to do any good to the whole bunch of underlying problems? As somebody said, let's break the thermometer so we will have no fever.

c'mon ... cutting down the number of foreigners was a populist measure meant to show the populos that the gov't does something about it. actually the pap took a lot of wind from the opos' sails with these populist employment measures (aka jobs bank and likewise). well, it turned out that the effect of these measures is negative.

Ehem. And you think what I was talking about? Symptoms: angry society cos many foriners lah. Healing the symptoms? .....
True problems? Problems with the local workforce.

why i posted this? not for the numbers per se. i just want to stress that the dream is over, once the elections have passed. and that the populace has been effectively fooled to believe a false reality. and now, it's time to wake up.

my bet: this is just the first step: showing the real numbers. oh, i do believe that the next numbers they will show is about some contracting economy. step to is to pay for the pork barrel giveaways. bonus cuts, gst increase, etc etc. this, probably justified by the contracting economy numbers.

i estimated that there will be a honeymoon (literally one month of love), and then it will start. but it seems that the gov't is hyper-eager to put the populace to pay. maybe the accounts are really bad

What you described would be typical for an immature government of some pupulistic opportunists and the SG gov is not such gov. What IMHO they did and still be doing for some time is the lesser evil thing but the main problem to solve is out there and they are painfully aware of it. Unfortunately this problem is not that easy to be solved. What I mean, such a game can be played only once within a give time period (>a decade).

[calugaruvaxile]

x9200, i posted one more: after the employment and productivity data followed the nodx and gdp data. so for, the facts tend to align on my story, not on yours .

but i wouldn't say "immature". "crookish" would be a more suitable word