Saturday, February 21, 2009

Bus Fares decrease

THE Singapore Government recently announced that bus fares would decrease by $0.02 with effect from 1 April. A mere few cents.
When the Government increased bus fares, the fares increased by at least $0.05.
And the reason for the increase in bus fares? Oil prices were soaring high.
And even though oil prices had went down, the Government refused to decrease the bus fares, citing reasons like "oil prices are not linked to the bus fares".
It is only when the global economic crisis came that the Government finally decided to decrease the bus fares...
However, we should look on the 'bright' side. At least our Government decreased the fares. If one takes a bus to and fro 5 times a week, for an entire year, the person can save $10.44. Most of you would be thinking, "$10.44 is no big sum." Well, think again. $10.44 is enough to buy at least 3 meals in a hawker centre or coffee shop. Besides, the global economic crisis would most likely last for about 5 years, and if you save $10.44 for 5 years, the sum amounts to $52.20!

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