atans1

Anti-PAP people, don’t get excited by DPP victory

In Political governance on 19/01/2016 at 10:25 am

In cyberspace the PAPpy nuts are busy slimimg the DPP and calling the Taiwanese stupid, showing how insecure the nutty PAP 35 points are (expect Herod Cheng to comment on the DPP victory, once he’s told what to think)  while the anti-pAP folks (nuts and rational) are drawing parallels between the DPP and the SDP. Remember that once upon a time, Mad Dog Chee was a puppy beside his DPP counterparts. The DPP and SDP have become responsible adult sheep dogs, intent on protecting their flocks.

Two reasons why the DPP won big time

Taiwanese voters have become wary about giving China too much influence over their island, which was one reason for the KMT’s defeat.

The other was the economy. The elections were mainly fought on bread-and-butter issues, such as stagnating salaries and skyrocketing housing prices. Mr Ma’s inability to use ties with China to revitalise the ailing economy, along with party infighting and a badly run campaign, explains the KMT’s worst-ever defeat. Its candidate, Eric Chu resigned as party chairman. The election showed Taiwan wants change; crowds of Ms Tsai’s supporters roared “New politics, new economy, a new Taiwan” during the vote count.

(Economist blog)

All the focus is on the first reason but think about the second; the economy. If the govt had managed to alleviate or mitigate the effects of stagnating salaries and skyrocketing housing prices could it have won?

I don’t know but S’pore has had the stagnating salaries and skyrocketing housing prices but the PAP administration increased its share of the popular vote by 10 points to 70% despite a slowing economy caused by global problems.

The stagnating salaries problem was mitigated by increasing employers’ CPF contributions by one point and by intriPioneer Gen benefits especially in healthcare. This meant that families spent less on their aged parents (examples here), giving them more cash for other needs.

As to the  skyrocketing housing prices, the govt has built more public housing and introduced measures aimed at reducing the attraction of investing or speculating in property.

It could spend more on us because budget surpluses are equivalent to  7% of our GDP. A budget surplus is seen as a virtue even by Western govts (except those the SDP admire) but in S’pore, it can (and should) be seen as a way of keeping goodies* from the voters in “normal times” so that when the rabble are really unhappy (not juz mutinious) with the elite, there’s the rabble’s money to be spent. Ownself spend other people’s money?

Until people like Dr Paul Thamby, Dr Ang Yong Guan, Terry Xu, P(olitican) Ravi, Alex Au and Richard Wan (remember him?) and other intelligent, agood-hearted kay – understand how the PAP games the budget and reserves ecosystem, and communicates this insight to the swing voter, the PAP will remain in power, forever and a day.

—–

*Don’t spend so much, cannot reduce GST meh? Why liddat?

 

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  1. A large part of the landslide DPP victory was also the result of nearly 1 million overseas KMT supporters rejected going back to Taiwan to vote, as they saw only futility.

    http://www.abc.net.au/news/2016-01-14/nearly-one-million-expatriate-taiwanese-in-china-to-forgo-vote/7089800

    But, everytime I go to Taiwan, especially recently, there’s this strong anti-Mainlander sentiment. I am almost scared now to speak Mandarin (as I don’t have a Taiwanese accent). I wish people would get along…but easier said than done.

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