Natural progression also needs to have a cut off point, a ceiling. Unfortunately that is lacking because of bad governance. A soul less bunch of people given a blank cheque every 4-5 years to do as they will. Given total rein and autonomy to run the country as they see fit. We have been heading in the wrong direction for the past 20 years or so. Yet the majority supports that. In a nutshell, sinkies have been played out. And the sooner we do something about it, the better. Else our children, grand-children are totally screwed.
sinkies have not been played out. They are getting exactly what they asked for.
You got it the other way around. It isn't the ceiling. It is the strong foundational base you need to set.
And this is minimal wage.
With minimal wage, the lure of cheap foreign labor doesn't exist anymore. You can't hire maids for $700 a month to work 18 hours a day 6 days a week. Same for bangla construction workers.
With miminal wage maybe $2500 a month, local sinkies with low education may consider going into the trades. Doing construction. Hard work. In fact maybe hard work should pay even more because it is stuff no one wants to do.
With minimal wage, the income disparity will drop. Less of a gap. It might or might not increase the wages of some white collar type jobs like receptionists. Or it might not.
Minimal wage is at the ground. The floor.
Downside.....it will raise business costs. But it will benefit the MAJORITY OF THE AVERAGE PERSON.
So do Singaporeans see that? No they don't.
They fall for stories about how prices of food will go up! Die lah! They worry no maid! Die lah! They fall for stories about how the businesses will collapse and close! No jobs! Well if these companies were only in business because of cheap cheap labor those jobs were never for SINKIES they were for foreigners.
Anyway I have said this many times. No sinkie here can see it. All blind and deaf , set in their own ways.
