Low productivity: LKY and the DRUMS agree on its cause

[Confuseous]

I kid you not, miracles can happen. LKY agrees with the Blogging 7, Uncle Leong, E-Jay, s/o JBS, NSP, SDP and all the usual players of DRUMS. The latter have always argued that low productivity is the result of the FT policy. Not included Low or WP among the latter as I don’t know itheir stand on this issue.

Stoolies Foils, Comedy Straightmen ST: On the issue of making productivity gains, we lag behind many developed countries. In manufacturing and services, Singapore’s productivity is only 55 per cent to 65 per cent of that in Japan and the United States.

LKY: Because we have large numbers of migrants who do not fit into the workforce so easily and who do not speak English.Some hold work permits and do not stay for long – they leave within a few years, after developing skills.

Doesn’t LKY’s words and the MTI study show that the govt talk of increasing productivity over the yrs (from 1990s onwards) was juz that: talk? And now, the guy that was charged with leading the productivity drive in the late 1990s is now the chairman of Temasek?

Isn’t S’pore a meritocracy, unlike M’sia?

- http://atans1.wordpress.com/2013/08/15/low-productivity-lky-and-the-drums-agree-on-its-cause/

 

[kingrant]

Old man is inconsistent. Here he is saying that the Japanese race is more homogeneous, hence they made great gains in productivity. On the other hand, he has also said that due to not opening up to immigrants, the country would stroll into mediocrity and if he were a young Japanese man, he would migrate!

The man is one big contradiction.