Budget 2020 by Vyjy https://padlet.com/vyjy/e6mcts5zqxl0ny6g Please answer these questions according to the target groups that your groups have been assigned to: Q1: What are the key issues/challenges facing the Singapore economy highlighted in the articles? Q2: What are some values that are demonstrated in the 2020 Budget? en-us 2020-06-16 15:29:17 UTC 2020-06-17 06:56:07 UTC hello@padlet.com https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630038289 Testing]]> 2020-06-17 06:39:24 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630038289 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630038726 HI VANESSA]]> 2020-06-17 06:39:46 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630038726 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630038803 Testing 2]]> 2020-06-17 06:39:50 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630038803 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630039032 Junwei zoo]]> 2020-06-17 06:40:00 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630039032 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630039884 mating season]]> 2020-06-17 06:40:42 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630039884 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630040231 Key issues:
1. Support for low income Singaporeans, helping them to maintain or improve their standard of living, as seen from Article 2 " The Singapore approach of providing multiple layers of support for low-wage workers and their families meets the varied needs of individuals better than a minimum or living wage

Values demonstrated: civility, altruism, resilience, enterprise]]> 2020-06-17 06:40:59 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630040231 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630040314 Why are we doing econs case study]]> 2020-06-17 06:41:02 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630040314 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630040711 Did Mdm lim planned this lesson]]> 2020-06-17 06:41:19 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630040711 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630042355 Key issues: decreased demand resulting in retrenchment, lower output and higher cost of living 
Values demonstrated: unity, solidarity, resilience and fortitude ]]> 2020-06-17 06:42:43 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630042355 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630043349 2020-06-17 06:43:35 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630043349 BY BRYAN https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630045310 Budget 2020 provides a comprehensive suite of measures to care for and support all Singaporeans at every stage of their lives. With the economy affected by COVID-19, more will be done to stabilise, grow and transform the economy so that Singaporeans can stay employed, and have access to better opportunities.
BRYAN]]> 2020-06-17 06:45:00 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630045310 Jun wei https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630045493 Key issues: How to keep businesses open and operational. How to ensure that the unemployed and under graduates will have a job once the situation improves. 

Values demonstrated: forward-thinking, ability to adapt, macroeconomic aims and doing what is right, not what is popular. (Such as opening the economy during the crisis)]]> 2020-06-17 06:45:08 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630045493 Electric vehicles go brrbrrr https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630045683 phasing out diesel and internal combustion engine vehicles and promoting electric vehicles to reduce environmental pollution from vehicles. (gotta lower that MSC yknow) ]]> 2020-06-17 06:45:18 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630045683 key issues: environmental pollution, negative externality will b high😩, helping retrenched workers (structural unemployment is sad), ensure that future generations are no affected harshly (100 potential labour productivity) https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630045950 2020-06-17 06:45:31 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630045950 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630046134 Difficulty to obtain early childhood education
Difficulty for students from low income families to obtain higher education.
Difficulty for older workers to stay employed that may affect growth of economy.
Little incentive for employers to hire older workers.]]> 2020-06-17 06:45:41 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630046134 By Sudasan https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630046749 Budget 2020 provides a comprehensive suite of measures to care for and support all Singaporeans at every stage of their lives. With the economy affected by COVID-19, more will be done to stabilise, grow and transform the economy so that Singaporeans can stay employed, and have access to better opportunities.
BRYAN]]> 2020-06-17 06:46:08 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630046749 SMEs https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630047362 People lose jobs and then SME go out of business then make unemployment worse. ]]> 2020-06-17 06:46:36 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630047362 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630047714 older workers have less runway to upgrade their skills and save for retirement (so the gvt continues to give them higher payouts)]]> 2020-06-17 06:46:51 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630047714 By le Chen https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630048192
key issues: environmental pollution, negative externality will b high😩, helping retrenched workers (structural unemployment is sad), ensure that future generations are no affected harshly (100 potential labour productivity)

]]> 2020-06-17 06:47:14 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630048192 Households https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630048688 1. Key challenges faced is low income households unable to earn sufficient to meet their daily needs
2. Inclusivity as shown by the implementation of the Workfare income supplement scheme to help lower income workers improve thier skills hence increase their productivity increasing their employability as well as their income thus, closing the gaps between people of various SES]]> 2020-06-17 06:47:40 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630048688 sabrinarifqah https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630048926 - encourage EV instead of using diesel —> increase road tax
- job instability and the lack of financial preparedness —> budgets and schemes like workfare
- children/students from lower income households —> enhanced FAS/bursaries/full fee subsides 
- ageing population —> increase CPF and increase retirement age]]> 2020-06-17 06:47:52 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630048926 low income workers https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630049276 the government would be providing multiple layers of support for low-wage workers since they are more vulnerable individuals of the society. from the policies taken eg enhancing the workfare income supplement, we can see that our nation wants to help them progress as well instead of leaving them behind durimg difficult times]]> 2020-06-17 06:48:09 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630049276 By Budarrsan https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630050426 I think ah it should provide more help to the people. Workers need to go through upskilling to survive ]]> 2020-06-17 06:48:51 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630050426 19SH09HBL https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630050876 Unemployment, loss in productivity and efficiency, lack of updates in knowledge and information in older workers]]> 2020-06-17 06:49:08 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630050876 Susanda https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630053374 Unemployment, loss in productivity and efficiency, lack of updates in knowledge and information in older workers]]> 2020-06-17 06:51:12 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630053374 Descendent of sun darrsan https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630055614 Singapore need to help the workers ]]> 2020-06-17 06:52:48 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630055614 https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630056274 Q1. What are the key issues/ challenges facing the Singapore economy highlighted in the articles?
- continuinng to have environment-promoting sustainable growth in Singapore
- high unemployment for physical labour jobs
- still providing a good education for the young
- helping senior citizens to find work, and have subsidies
 
Q2: What are some values that are demonstrated in the 2020 budget?
- inclusivity
- preparing for the future]]> 2020-06-17 06:53:16 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630056274 Me https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630056692 Key issues:
-Unemployment
-Mismatched skills (structural unemployment)
-low income families struggling to make ends meet (for students obtaining early education)
-wage cut
-Higher burden on working population as older people face difficulty obtaining employment

-caring for singaporeans
-building an inclusive home
-enabling seniors


]]> 2020-06-17 06:53:33 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630056692 Sudarrsan uncle https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630060041 sudarrsan u need help]]> 2020-06-17 06:56:07 UTC https://padlet.com/vyjy/e6mcts5zqxl0ny6g/wish/630060041