Sunday, December 07, 2008

Joan's letter to ST Forum (18th Nov 2008)

Several weeks back, Joan sent a letter to the ST Forum which was published in the 18th Nov issue of the Straits Times. Reproduced here for your reading pleasure!
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Subject: reduce electricity tariff for All Singaporeans, not just companies

I refer to Fiona Chan's article, dated Nov 16, where companies are seeking govt relief to cope with the downturn. Companies are asking for reduction in utilities costs and transportation costs such as road tax and ERP charges. I urge the govt to have a heart and reduce such costs for ALL Singaporeans who are hurting from the financial crisis. Otherwise, the man- in- the- street would effectively be subsidising the costs of these companies. The recent 21% hike in electricity prices in the wake of the already unraveling economy was an especially cruel blow to all Singaporeans and others living here, already reeling from the GST hike slapped on earlier this year when signs of cracks in the global economy were starting to show. All Singaporeans are hurting. We are all struggling to cope and worried about making ends meet. To the government of Singapore: I speak to you directly. Please have a heart. Show your compassion to all. Kindness given benefits both the giver and the taker. And as all economists agree, we need to stimulate the economy with increased public and personal spending. We cannot do this when our wallets are empty.

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