Further proof of PAP's FT policy a big BS! It's a dumb policy used by idiots...

[kojakbt]

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</td> <td class="wintiny" align="right" nowrap="nowrap">38296.1 </td></tr> <tr> <td height="8">
</td></tr> <tr> <td class="msgtxt"> Bros, look at this data I've just dug up.

Taking four 1st world countries whose per Capita GDP is way above us and whose pop is about the same as ours, you can see that people don't subscribe to PAP's "We need foreigners to grow" theory:

Per Capita GDP by IMF (2009)
Rank Country US$
2 Norway 79,085
5 Denmark 56,115
6 Ireland 51,356
12 Finland 44,492
20 Singapore 37,293

[2008]
Population Non-Citizen
Ireland 4,401,335 12.6%
Norway 4,737,171 5.6%
Finland 5,300,484 2.5%
Denmark 5,475,791 5.5%
Singapore 4,839,400 34.6%

Pop (08) Pop (09) % Increase
Ireland 4,401,335 4,450,030 1.1%
Norway 4,737,171 4,799,252 1.3%
Finland 5,300,484 5,326,314 0.5%
Denmark 5,475,791 5,511,451 0.7%
Singapore 4,839,400 4,987,600 3.1%

http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home
http://www.singstat.gov.sg
http://www.imf.org/external/
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[kojakbt]

It's a policy used by dumb people who have run out of ideas on how to grow the economy. Any idiots will also know that dumping bodies into the economy can help grow the economy...

 

[aurvandil]

Unfortunately the bonus of our Ministers and civil servants is pegged to GDP growth and not per capita GDP growth.