Several economists have said that jobs in Singapore could be hit hard as economic weakness widens and seeps into the services sector. This is in response to the dismal economic and trade data announced by the government on Tuesday.
A netizen who was equally perplexed by the PM's talking points during the NDR highlighted actual issues which should have been raised at the event. He thinks politicians should not focus on the "rosy outlook" here because Singapore will no longer be a special location in the global economy if they adopt this narrow mindset.
Singapore Democratic Party's Chee Soon Juan lashed out at Lawrence Wong for wanting to develop the country's infrastructure in the next decade. He seems skeptical that it will work as he thinks they lack a sustainable plan and are "bankrupt of ideas".
Historian Thum Pingtjin disagreed with Minister Lawrence Wong for saying that Singapore has never failed in restructuring its economy. He said such a statement shows our politicians' ignorance about the nation's history and policymaking as the "PAP has failed more times at restructuring the economy than it has succeeded".
The government announced that there will be more infrastructure projects over the next decade to help Singapore's economy. However, does this mean we should be allocating more money to infrastructure as compared to social welfare spending? Shouldn't we think of ways to help those in financial need instead?