Wednesday, February 16, 2011

The Money Problem in Singapore

Hi everyone, it has been some time since I updated this blog.

Recently I came across this article which mentioned how the government pledges the Singaporeans to help them cope with the rising costs. The rising costs, including food, fuel and taxes, is a growing issue in Singapore and it certainly has affected the majority of households that are not well-off.

Feeling glad that the government is taking measures to help us? Yes, but only to a certain extent. The most important thing is that the government has to turn words into meaningful actions.

I wonder if anyone realises that every upgrade in services by the government does seem to affect the overall costs? Take for example, the Distance Fare system as currently implemented by the public transport. The new method of calculating the cost of taking transport does seem to be more appropriate, but it does not actually solve the expensive cost of taking public transport, and I felt kind of being cheated, especially when I live far away from my home. Does anyone know anything about the Distance Fare glitch which "cheated" Singaporeans about SGD $300,000?

Does this device serve its intended purpose?
Picture courtesy of http://www.flickr.com/photos/hxyume/3936819660/

Hence, in conclusion, the happiness of the Singaporeans lies in the abilities of the government to take effective actions to solve the problem of rising costs.