Base on my observation, the only true way to know if the ruling party has done enough during their governing term is during the General Election. The votes will tell it all.
The incumbent president, Mr Tharman Shanmugaratnam, who took office on 14 September 2023 had won in the 2023 presidential election with 70.41% of the vote. This indicates strong support from the people.
If Singaporeans truly believe the current government is doing and living up to expectations (which includes easing cost of living), people will vote for them. If not, they won't.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments