erection2015
Alfrescian (InfP) + C
- Joined
- May 20, 2011
- Messages
- 13,972
- Points
- 113
ah thanks bro....against this backdrop i can see whats cruxx trying to say.
Basically it means Singapore Gahmen is out to extract as much as it can from the peasants via taxes etc. Since Singapore Gahmen is very the powderful, it can do what ever it wants.
You can read it up here
http://en.wikipedia.org/wiki/Rent_seeking
And its this behaviour that is keeping life hard for the Sinkies,,its the Gahmen fault this shit is happening. Look at the pay of cleaners,,I heard 10 years ago its 1.2k,,,not is $700, but yet cost of living etc is going up and up,,so your inputs are low,,but your cost still high,,why ah'??? Rent go up..but rent and land supply control by PAP, Tpt cost go up...control by PAP,,,etc etc..
So for companies to earn,,they get in Foreign Trashes undercut the pay,,,so u earn less but cost still go up,,,,all PAP doing.
Its this Rent Seeking behaviour by the PAP that I am totally against.