Should we have big government or small government?
This is the wrong question.
What is the right question to ask? Here is my answer.
Friday, October 30, 2020
Thursday, October 29, 2020
Handling uncertainty
Do not take extreme measures in uncertain circumstances. It may be bad to "play safe"
Tuesday, October 27, 2020
Wisdom of the Crowd - New Issues
2. Should the AGC agree to the request for compensation lodged by the acquitted maid?
3. Will the new wave of covid-19 infection be bad for global health?
4. Will the HK economy recover soon?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
WOTC - NWC recommendation on cutting of wages
Wisdom of the Crowd: 80% of the respondents disagreed with the recommendation of the National Wages Council to allow employers to cut the worker's wages unilaterally. 20% agreed with it.
Monday, October 26, 2020
WOTC - Unrest in Indonesia
Wisdom of the Crowd: 71% of the respondents said that the unrest in Indonesia is temporary and the situation will return to normal. 29% said that it will get worse.
WOTC - Trace together token
Wisdom of the Crowd: 65% of the respondents said that the Trace Together token will fail. 30% said that the government will make it compulsory.
Sunday, October 25, 2020
WOTC - Cruise to nowhere
Wisdom of the Crowd: 57% of the respondents are not keen to take a cruise to nowhere. 43% like the idea.
WOTC - Travel in December
Wisdom of the Crowd: 55% of the respondents said that Singaporeans should not be allowed to travel in December. 45% should they should be allowed.
How to implement a minimum wage in Singapore
My friend, who is a retired trade unionist, asked me this question - what are your views about the minimum wage and how much should it be?
I gave him an answer which is "out of the box".
Saturday, October 24, 2020
Wisdom of the Crowd - New Issues
2. Should we continue the circuit breaker?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
WOTC - SIA first class meal
Wisdom of the Crowd: 89% of the respondents said that it is too expensive to pay $888 plus GST for a SIA first class meal delivered to the home. 11% said that they will pay it if it is served by a stewardess.
WOTC - President Trump paid little tax
Wisdom of the Crowd: 76% of the respondents said that President Trump used the tax loopholes to pay little tax. 19% said that his business has been unprofitable.
Difficulty of managing Work from Home
I hope that workers realize the difficulty faced by employers in implementing Work from Home (WFH). It is not as easy as they think.
Difference between sales tax and GST
Many people does not know the difference between a sales tax and GST.
The difference is very big. One is efficient. The other is costly.
I am in favor of a sales tax. I am against a GST that is collected in "bits and pieces".
I explain the difference here.
GST increases the cost of living
This Sinkie does not realize that GST increases the cost of living badly. Is she an idiot?
Cost of circuit breaker
My circuit breaker cost $200. Why does PAP circuit breaker cost $100 billion?
Friday, October 23, 2020
WOTC - Gilead Science
I share my experience in investing in Gilead Science stock. It performed poorly earlier, but some good news were released last night.
Light weight apps
I do not like the omnibus apps that contain 10 to 20 different functions. These apps take a long time to load. They can be confusing to the user. Most of the functions are not useful.
I prefer to design light weight apps to serve a single purpose. Here are some examples of a single purpose app:
* QR reader. Just scan the QR code and display the website
* Digital wallet. Scan the QR code and make payment. Allow for top-up
* Trace Together. Behave just like the token. Remove the Safe Entry function.
I also prefer that the single purpose app ask for a small payment or donation. They should not display advertisements, which are distracting and troublesome.
I do not mind making a one time payment of $5 or $10 for a useful app. However, I will refuse to pay a monthly subscription - which I do not trust.
Agree or not?
Wisdom of the Crowd - New Issues
2. Who will win the US presidential election?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
WOTC - Will the coronavirus harm Donald Trump?
Wisdom of the Crowd: 86% of the respondents said that the coronavirus will not cause any harm to President Trump. 14% said that it will be harmful.
As it turned out, the majority is correct.
WOTC - Is Singapore an efficient country?
Wisdom of the Crowd: 86% of the respondents said that Singapore is no longer efficient. 14% disagree.
Wednesday, October 21, 2020
Make Trace Together voluntary, not compulsory
The insane ministers insist on killing the economy and businesses. They want to force people to use the Trace Together app or token to visit malls and restaurants.
It may backfire and people will refuse to shop or dine outside.
I support Trace Together, but I will make it voluntary and attractive. I will tell people that they will be compensated adequately, if they have to stay at home after being in contact with an infected person.
And for people who does not want to use TT for contact tracing, I will let them be. I do not wish to force them to use TT.
I believe that my approach - to make it attractive and not compulsory to use TT is better.
I do not agree with the insane ministers. They will kill the economy and the livelihood of the people.
Agree or not?
State owned enterprises
Many people think that state owned enterprises are bad for a country. I suggest that they open their eyes and mindsets and take a good look at the evidence.
Quora: China retaliate against Australia
Quora: Why does Australia not expect China to retaliate in a war they themselves started for no reason other than to please the US?
We are open, forthright, a bit abrasive at times, our sense of humour can be off-key, we are generally sexist, racist, not overly good neighbours, and believe we should be forgiven for all our faults and praised for the little we offer to the world as a nation because we are DIFFERENT, CUTE, EXOTIC, LOVABLE country bumpkins.
The problem is that the world doesn’t really give a crap about us as we are a miniscule cog in a machine made up of fifty billion cogs.
China is retaliating and in a very big way as should have been expected.
A lot of people seem to be suggesting that China was upset by Australia agreeing with the world that China should be ‘investigated’ in regards to the Covid outbreak. But that makes no sense as a host of nations made the same call. Why single out Australia? Australia was singled out because they were parroting American accusations and talking points.
China allowed inspectors from around the world to confirm what occurred in Wuhan however China insisted the the WHO had to be allowed to be a participant, and that the process must NOT be politicised. As soon as those two provisions were agreed by every nation except the US American inspectors were recalled to the US. In the final analysis Americas accusations were proved to be groundless.
End result: Not a Chinese problem!
Our government continues to support the US and the consequences, for Australia and Australians, will be catastrophic I believe.
And after all of this when China refused a shipment of contaminated grain from Australia the Americans sold their grain to China. Is that how allies usually work?
Tuesday, October 20, 2020
WOTC - Work from alternative office
Wisdom of the Crowd: 53% of the respondents said that it is better to allow workers to work from home. 47% said they should work from an alternative office closer to their home.
Wisdom of the Crowd: 75% of the respondents said that it is challenging for employers to be satisfied with the productivity of workers who work from home.
https://tklcloud.com/Crowd2/chart.aspx?ID=2113
Productivity of work from home
Wisdom of the Crowd: 75% of the respondents said that it is challenging for employers to be satisfied with the productivity of workers who work from home.
Wisdom of the Crowd - New Issues
2. Is it offensive to describe union leaders as "folksy"?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
Sunday, October 18, 2020
How to replace postal voting in America
The safe distancing measures under the covid-19 pandemic has compelled many states in America to introduce postal voting. This is inefficient and is prone to fraud.
I suggest a better approach.
Insane ministers can be harmful
Insane people are not stupid. But when they hold positions as government ministers, they can cause a lot of harm.
Temper dogma with common sense
Do not be dogmatic. Temper dogma with common sense. Have an open mind.
Second wave of coronavirus
The second wave of the coronavirus around the world will not be serious.
Please tell the insane ministers not to panic and over-react.
Thucydides Trap
The story is a small one. But as China challenges America’s predominance, misunderstandings about each other’s actions and intentions could lead them into a deadly trap first identified by the ancient Greek historian Thucydides. As he explained, “It was the rise of Athens and the fear that this instilled in Sparta that made war inevitable.” The past 500 years have seen 16 cases in which a rising power threatened to displace a ruling one. Twelve of these ended in war.
Of the cases in which war was averted — Spain outstripping Portugal in the late 15th century, the United States overtaking the United Kingdom at the turn of the 20th century, and Germany’s rise in Europe since 1990 — the ascent of the Soviet Union is uniquely instructive today. Despite moments when a violent clash seemed certain, a surge of strategic imagination helped both sides develop ways to compete without a catastrophic conflict. In the end, the Soviet Union imploded and the Cold War ended with a whimper rather than a bang.
Saturday, October 17, 2020
WOTC - Work from home
Wisdom of the Crowd: 35% of the respondents said that productivity will improve when workers work from home. 35% said that productivity will drop. 30% said that the productivity is the same.
WOTC - US Presidential debate
Wisdom of the Crowd: 35% of the respondents said that Joe Biden performed better in the first presidential debate. 24% said that Donald Trump performed better. The rest said that both performed equally badly or equally well.
Wisdom of the Crowd - New Issues
1. Should the employer be allowed to cut wages of workers unilaterally?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
Friday, October 16, 2020
A small matter that cause a problem of gigantic proportions
This may seem to be a small matter, but it has probably caused a big problem of gigantic proportion to Singapore as a place to do business.
How to deal with the SMRT breakdown
After two years of relative stability, the SMRT system has broken down again.
My friend asked me to help SMRT. He said that I have the experience to solve this kind of problem.
True or not?
Read this
Thursday, October 15, 2020
Popularize Trace Together to replace Safe Entry
I suggest that we should improve Trace Together to replace the Safe Entry process.
http://tklcloud.com/Feedback/feedback2.aspx?id=3598
Wednesday, October 14, 2020
A democratic system can be corrupt
What is the point of operating a democratic system that can be corrupt?
Wisdom of the Crowd - New Issues
Vote in
https://tklcloud.com/Crowd2/vote.aspx
WOTC - Will Anwar Ibrahim be PM?
Wisdom of the Crowd: 70% of the respondents do not think that Anwar will get enough votes in the current parliament to be the next prime minister for Malaysia.
WOTC - Snap election in Malaysia
Wisdom of the Crowd: 56% of the respondents said that the Perikatan Nasional coalition under Muhyidden is likely to win a snap general election, if it is called in Malaysia. 31% chose Pakatan Harapan under Anwar Ibrahim.
My approach towards Safe Entry
I give my views on why the current approach towards Safe Entry is insane and how it can be done more effectively.
Insane instructions
During the circuit breaker, the ministers passed many instructions. Some are okay. Others are insane.
Tuesday, October 13, 2020
WOTC - Which country has a better economic future?
Which country has a better economic future? 62% of respondents chose China, 23% chose America, 8% chose Eu, 8% chose Japan.
https://tklcloud.com/Crowd2/chart.aspx?ID=2106
WOTC - Which Malaysian PM work best with Singapore
Wisdom of the Crowd: Which Malaysian PM can work best with Singapore? Muyhidden 35%, Anwar 35%, Najib 30%, Mahathir 0%
How to help people after the government's fiscal help runs out
The financial help from the government will run out soon.
Many people will still face loss of jobs and financial hardship.
I give my suggestion on how they can be helped. Do you agree with my suggestion?
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