The PAP government has grown too big for the nation of Singapore. Friends, relatives and cronies are joining the PAP and moving up the ranks. The PAP needs the 6.9 million population to feed on them, the nation of Singapore does not need them. The PAP has become a fat, lazy and greedy man getting in the way of busynesses and genueine progress. But as Singapore’s economy prospered, the State’s power grew unchecked and numerous regulations were enacted to ‘protect’ consumer and worker interests. While ostensibly seeming so, regulations very rarely stay true to their purpose and typically end up hurting the very people they were designed to protect. In addition, calls for such ‘protection’ very rarely come from the consumer or worker themselves, but groups claiming to represent them. Just ask any retail investor if SIAS (Securities Investors Association) represents them and only dissent will be heard. For example, and unbeknownst to many, a license is usually needed to conduct almost any business in Singapore, inclusive of selling tissue papers. Licenses result in bureaucratic red tapes that make it unprofitable for new entrants to operate while unfairly favoring entrenched interests. Examples of such industries include the telecommunications and transportation industries. theonlinecitizen/2014/12/the-problem-with-more-government-less-freedom-in-economy/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+theonlinecitizen+%28theonlinecitizen%29
Posted on: Sun, 28 Dec 2014 15:37:21 +0000
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