Lim Tean: Making it easy for the rich does not make the rest of us richer!
In a Facebook post, Peoples Voice chief Lim Tean questioned Singapore’s government’s reliance on “trickle-down” economics, despite evidence to the contrary.
Mr Lim notes that the lives of Singaporeans have not improved but regressed this century. He also calls attention to the issue of the super-rich from China driving up prices in Singapore and investing little in the country.
He asserts that for the rich, it is socialism, but for the rest of the population, it is brutal capitalism.
Mr Lim encourages his readers to question for whom the “shining city on the hill” was built and notes that many Singaporeans are struggling to make ends meet in the most expensive city in the world.