No Goodies this Year!

Upfront, there is no cash hand-outs for the ordinary men on the street. Reading through the Singapore Budget 2010, the work "Productivity" caught my interest. I wonder that when the high cost for factors of production does not yield 10x higher (ok, maybe 100x more) returns or when it churned out negative returns, do we then land ourselves into an "Unproductive" state? It's difficult to comprehend here. One can only hope to bet that the Integrated Resorts will turn out to be productive because it does seems to be an IR budget!

On the other hand, we need to control the number of foreigners. Yet we should move away from a quota-based system to a higher levy system where applicable? If one has 10 foreign workers and ended up paying more in levy now, one can hope to use 7 foreign workers to do the same amount of work (Productivity?) with the same levy paid previously. How realistic is that and sounds like Pay to hire here..

So, no goodies for this year but here's a little something to sweeten the deal;

Vanilla & Mocha Sand Cake

by Arinco King

@ Ion .