Ex GIC economist on policy error in early days which led to suppression of wages.

[LaoTze]

Ex GIC economist on policy error in early days which led to suppression of wages.

 

[hofmann]

Many, many of the skilled technician uncles who learned their skills OJT from various industries were replaced by cheap fresh foreign grads who couldn't wrench to save their lives, destroying the technical capabilities of many of these industries.

Another policy failure by the government going for paper qualifications over real skills.

 

[sam heng]

Talking for many years already. will never change unless change garment.