The truth about the govt budget
Now with the economy shrinking and recession kicking in...the govt is eagerly increasing their own spending...well is it a good plan? I would say definately. why?
Simply because one someone spend money, that money would be earned by another and spend again by the same person....so looking at the flow...the original pieces of money would have changed hands a few times and more than one person would have earn that amount of money... in a way the govt is trying to give money to everyone. Its call the muliplier effect but what i am going to write about ain't economics...i don't write serious shit..
What i am going to talk about is...where do the govt get the increase in spending from? Does the govt print more money or borrow more money or dig into their reserves or increase tax?
Well the ans is none of the above... the govt try to balance the increase in spending with the increase in parking fines issued!
YES you see it right!!! This year's budget will see an increase in 2 things....govt spending in helping economy and income from PARKING FINES!
Well i won't say the govt is wrong...since its a rather legitimate way of earning extra revenue....have never seen summon officer working so hard in their entire life! I guess their pay structure has been changed...to a full commission based and every fines issued and paid up they will get a 20% cut out of it!
So for every $30 dollars fine you paid they will get 6 dollars! And if they are super hardworking...i assured you that they will become millionaires in like a few years people! Just head down to all the fav. illegal parking places and wah la!
So with a rather not soo good looking economy infront of us i urge my friends to change their job into this line. Well there is always a saying if you want to be rich...do things others don't like to do...Because if you are out to be likeable by everyone, you will never be successful.
SO be a jerk! be a bitch! go out there issue summon for a living and BE rich!
Simply because one someone spend money, that money would be earned by another and spend again by the same person....so looking at the flow...the original pieces of money would have changed hands a few times and more than one person would have earn that amount of money... in a way the govt is trying to give money to everyone. Its call the muliplier effect but what i am going to write about ain't economics...i don't write serious shit..
What i am going to talk about is...where do the govt get the increase in spending from? Does the govt print more money or borrow more money or dig into their reserves or increase tax?
Well the ans is none of the above... the govt try to balance the increase in spending with the increase in parking fines issued!
YES you see it right!!! This year's budget will see an increase in 2 things....govt spending in helping economy and income from PARKING FINES!
Well i won't say the govt is wrong...since its a rather legitimate way of earning extra revenue....have never seen summon officer working so hard in their entire life! I guess their pay structure has been changed...to a full commission based and every fines issued and paid up they will get a 20% cut out of it!
So for every $30 dollars fine you paid they will get 6 dollars! And if they are super hardworking...i assured you that they will become millionaires in like a few years people! Just head down to all the fav. illegal parking places and wah la!
So with a rather not soo good looking economy infront of us i urge my friends to change their job into this line. Well there is always a saying if you want to be rich...do things others don't like to do...Because if you are out to be likeable by everyone, you will never be successful.
SO be a jerk! be a bitch! go out there issue summon for a living and BE rich!
posted by limchunmeng at 9:02 AM
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