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- Dec 30, 2010
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There is no greater sense of entitlement than that among the people whom we are supposed to be our leaders - they feel they are entitled to the highest salaries in the world for the same job . Yet PM Lee is saying those who have fallen on hard times due to our wage structure resulting from his policies have a sense of entitlement when they need a helping hand. What people want and need are decent wages. Singaporeans want to be paid fairly when they work. His disdainful view of Singaporeans who have suffered due to his policies and are not doing well "feel that they should get an entitlement" says a lot about what he thinks of ordinary Singaporeans and their struggles.
The govt solution to this is to allow these companies to keep wages low and recruit from overseas. You can find easily find drivers from developing world countries who will accept these salaries because they come from countries where the cost of living is just a fraction of Singapore's - they can raise their families back home and go back to buy homes after working in Singapore. But we are not just talking about bus drivers but imported labor at all levels in our economy and this has driven wages as a component of GDP down and profits up. Right at the top are a small number people who are richly rewarded based on profits generated rather than actual work.
The unbalanced policies of the PAP has resulted in a 3rd world wage structure in our economy adversely affecting the lives of Singaporeans at all levels. The increase population density also resulted in a cost of living increase that made life tougher for everyone including young graduates:
- http://singaporemind.blogspot.sg/2012/10/national-conversation-goes-on-in.html
The govt solution to this is to allow these companies to keep wages low and recruit from overseas. You can find easily find drivers from developing world countries who will accept these salaries because they come from countries where the cost of living is just a fraction of Singapore's - they can raise their families back home and go back to buy homes after working in Singapore. But we are not just talking about bus drivers but imported labor at all levels in our economy and this has driven wages as a component of GDP down and profits up. Right at the top are a small number people who are richly rewarded based on profits generated rather than actual work.
The unbalanced policies of the PAP has resulted in a 3rd world wage structure in our economy adversely affecting the lives of Singaporeans at all levels. The increase population density also resulted in a cost of living increase that made life tougher for everyone including young graduates:
- http://singaporemind.blogspot.sg/2012/10/national-conversation-goes-on-in.html