- Joined
- May 26, 2009
- Messages
- 17,247
- Points
- 63
Many MNCs and businesses want cheap foreign labour so that they can make good profits. They are not willing to pay market rate to Singapore workers.
But, allowing cheap foreign labour into SG incurs social costs and these are passed on to SG and Singaporeans.
So the MNCs and businesses want to privatise their profits for themselves but socialise the cost of cheap foreign labour to SG society.
The PAP have mismanaged this badly and must wake up and not allow such things to continue.
MNCs and businesses who can't survive employing Singaporeans in SG shd just relocate to places where they can survive.
But, allowing cheap foreign labour into SG incurs social costs and these are passed on to SG and Singaporeans.
So the MNCs and businesses want to privatise their profits for themselves but socialise the cost of cheap foreign labour to SG society.
The PAP have mismanaged this badly and must wake up and not allow such things to continue.
MNCs and businesses who can't survive employing Singaporeans in SG shd just relocate to places where they can survive.