tag:blogger.com,1999:blog-17473688.post7625024313124122000..comments2024-03-19T18:57:59.658+08:00Comments on My Singapore News: No subsidised petrolChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-17473688.post-61516250470890947112008-05-06T16:31:00.000+08:002008-05-06T16:31:00.000+08:00Well, the more subsidies you have, the more the pr...Well, the more subsidies you have, the more the prices (eventually) get driven up.<BR/><BR/>Economic law works all the time.<BR/><BR/>People turn to the govt for "help" when they bring children into the world.. in other words, they expect other people to contribute to the upkeep of their children... people who are forced against their will.<BR/><BR/>IMO, that stinks morally.<BR/><BR/>Anyway, backⓂatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-79943402342411497802008-05-06T11:04:00.000+08:002008-05-06T11:04:00.000+08:00we need to suggest to them the concepts of loss le...we need to suggest to them the concepts of loss leaders and incentives to attract customers.<BR/><BR/>as for child payments, not a bad idea. but the amount can be frightening. to bring a child to university is easily a few hundred k's provided the fees stop increasing.<BR/><BR/>and look at the kindergarten fees and tuition fees for school going kids, mine, they cost more to maintain than me. Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-79379399415650139062008-05-06T08:25:00.000+08:002008-05-06T08:25:00.000+08:00> Remember when the S'pore govt sold> 'cheap' scho...> Remember when the S'pore govt sold<BR/>> 'cheap' schoolbooks for the <BR/>> "valiant" effort of helping "needy" <BR/>> families?<BR/><BR/>How about distributing child payments?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-73130397216109987092008-05-05T16:58:00.000+08:002008-05-05T16:58:00.000+08:00People respond to incentives.Subsidised petrol wil...People respond to incentives.<BR/><BR/>Subsidised petrol will still be available. By prohibiting the sale to Thais and S'poreans, the Malaysian govt has just created a black market. Every petrol seller has but one incentive: to sell as much petrol as possible. Evry 'foreign' petrol buyer has an incentive: to buy cheaper petrol<BR/><BR/>Prohibition fails whenever it is tried by govts. It serves Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.com