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The drawbacks of the WIS are many, the most obvious one being that younger low-income workers are left out. But the PAP continues to adhere to dogma and ignore hard evidence that WIS is a failure:
•In 2008 after the implementation of the scheme, the average household monthly income change for the poorest 10 percent barely registered a pulse – 0.1 percent increase from the previous year. Compare this to a 6.3 percent increase for the richest 10 percent of families in Singapore.
•Two years later in 2009, those 1- and 2-room households with working persons saw their median incomes decrease by -8.9 percent from 2008. Compare this to those living in condominiums and private houses, the decrease was only -1.1 percent.
•Among households with working family members, the poorest 10 percent saw a decline of -3.8 percent in average wage per household member – the biggest drop compared to the rest of the population (see here).
If the WIS is as effective as the PAP makes it out to be, why are lowest of our low-income workers seeing their household incomes fall – and for that matter fall the most drastically among the income groups – even after its implementation?
Prof Lim's latest salvo is yet another indication that something must to done to narrow the income gap and that something is minimum wage. It looks increasingly that the SDP's call for minimum wage is on the right track.
- http://yoursdp.org/index.php/news/s...-yahs-comments-expose-workfare-scheme-failure
•In 2008 after the implementation of the scheme, the average household monthly income change for the poorest 10 percent barely registered a pulse – 0.1 percent increase from the previous year. Compare this to a 6.3 percent increase for the richest 10 percent of families in Singapore.
•Two years later in 2009, those 1- and 2-room households with working persons saw their median incomes decrease by -8.9 percent from 2008. Compare this to those living in condominiums and private houses, the decrease was only -1.1 percent.
•Among households with working family members, the poorest 10 percent saw a decline of -3.8 percent in average wage per household member – the biggest drop compared to the rest of the population (see here).
If the WIS is as effective as the PAP makes it out to be, why are lowest of our low-income workers seeing their household incomes fall – and for that matter fall the most drastically among the income groups – even after its implementation?
Prof Lim's latest salvo is yet another indication that something must to done to narrow the income gap and that something is minimum wage. It looks increasingly that the SDP's call for minimum wage is on the right track.
- http://yoursdp.org/index.php/news/s...-yahs-comments-expose-workfare-scheme-failure
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