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S’poreans to curb ‘lottery effect’ of becoming Minister

Posted on 17 October 2016

Getting paid millions of dollars because they got lucky is not right.

3-room-hdb-flat

Singaporeans from all walks of life, who believe in taking interventionist action because they cannot sit idly by to let the market self-correct, are going to band together to curb the “lottery effect” of becoming a Cabinet Minister in Parliament.

This after they read that the government plans to curb the “lottery effect” of those who successfully ballot and purchase a HDB flat in a prized downtown location and look to sell their unit when the value appreciates substantially in a few years’ time and pocketing the hefty profit made from the sale.

One Singaporean, Cheng Hu Chu, said: “Since the government likes to intervene in the market instead of letting supply and demand sort things out, we as Singaporean citizens need to intervene to prevent the ‘lottery effect’ from taking place at the ministerial level as well.”

“When the next person becomes a Minister, we need to effect changes to the pay scale to ensure they do not get paid millions a year, or else the ‘lottery effect’ will also take root.”

“This can only lead to heightened expectations and upward pressures for salaries to get higher in the future.”

Other locals said any intervention to prevent Ministers from pocketing millions is the right way to go.

Another local, Jin Heng, said: “In the same way HDB flats are being subsidised by taxpayers’ money and thus should not be used for profiteering purposes, ministerial salaries are also funded by taxpayers, and hence, should not be used to handsomely reward public servants of the state who got lucky in the system.”

“It is funny how logic can be applied to ordinary average Singaporeans, but the regime cannot look inwards and apply it to themselves too.”

“Four legs good, two legs better.”

“Really gives new meaning to first among equals.”

 

 

 

 

 

 





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- who has written 2586 posts on New Nation.

Wang Pei can be considered a new citizen of Singapore. She has been here all her life, just that her environment's changed beyond recognition.

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