Skip to content

Ifs Quote by Goh Chok Tong

“Retrenchment is good for singapore. If there is no retrenchments, then I worry.” quote by Goh Chok Tong
Download Open image
“Retrenchment is good for singapore. If there is no retrenchments, then I worry.”

Goh Chok Tong

About This Quote

Source Speech: Economic Policy Address, Singapore, 2005

Retrenchments are seen as a necessary corrective to prevent larger economic issues.

In simple terms: Job cuts can be a warning sign.

Key Takeaway

Monitor economic health closely.

Themes

economics policy employment

Mood

analytical cautious

Type

political economic

When to use this quote

  • corporate restructuring
  • government planning

Key Concepts

macroeconomics labor market

Questions to Reflect On

  • Are retrenchments always a sign of underlying problems?
  • How can economies balance stability and necessary cuts?
2.5 out of 5 (3 ratings)

More by Goh Chok Tong

Explore all 8 Goh Chok Tong quotes

More Ifs quotes

Browse all 94,303 Ifs quotes