Pinky successfully sells repackaged koyok to Sinkies

[Adolfus]

1) Housing costs vs cost of living index

Pinky - a new 3-room flat is "only $150,000"
Cost of living index: current median starting salary stagnant at below $2000

Flashback to the 1990s, a new 5-room flat in new towns Tampines and Pasir Ris was $150,000
Cost of living index: back then median starting salary was below $2000


2) Healthcare costs in Sinkhole is among the highest in the world, as Pinky readily admitted subsidies must be kept to the lowest possible

In Canada, a heart by-pass ops costs $300,000 and a citizen pays $0, 100% fully subsidised by govt

In Taiwan, walk into any GP clinic and pay $0, again thats real subsidies for you

In Sinkhole, despite the seemingly many subsidies Medi-this and Medi-that, a Sinktard still need to buy additional private insurance policy and pay a hefty premium to get adequate cover

 

[vincenttan]

Just like purchasing any Insurance scheme never forget the fine prints, T&C and claim limits. The means-testing will complicate things.

 

[winnipegjets]

1) Housing costs vs cost of living index

Pinky - a new 3-room flat is "only $150,000"
Cost of living index: current median starting salary stagnant at below $2000

Based on last year's data from Dept of Statistics , the median take home pay was $1700.

 

[Leongsam]

1)
In Canada, a heart by-pass ops costs $300,000 and a citizen pays $0, 100% fully subsidised by govt

Governments don't subsidise anything. Taxpayers are the ones that provide the subsidies.

In Canada, the additional amount you pay in taxes yearly over your lifetime is more than what you'd have to pay for a transplant in Singapore.

Singapore's low tax regime means there's far more money left for you at the end of the month.

What Singaporeans should do is save the money for a rainy day. If they need it one day, the money is there in their accounts. If they don't need it, their children inherit the money instead.