singapore's good at creating figures

[leetahbar]

does it mean anything to the citizens? does it mean that the majority are happier living more relax and breathing easier?



only to the deceitful gahmen that the figures mean alot especially when they reason they should increase their oredi obscene pays.

with their obscene pays, they should be lowering the cost of living but instead they are one of the main reason that prices are increasing like nobody's business. artificial phenomena such as ERPs, COEs, PUB costs, hdb flats and all the necessities are all within their diabolical control and increase at their whims.

why then we ask. yes, OH THE SHITS! WHY?? why do they deserve such obscene pays when their jobs is to up and up , pay and pay? any cheaper gahmen can easily resort to such trick.

am i right? do u agree??

http://yawningbread.wordpress.com/2...ubbling-again-says-our-nation-building-press/

 

[leetahbar]

gdp figure. what good is that to the masses? do u really understand or bother by its figure?

only the MIW loves it. it sort of give them a backing about the delusion how good they are really at running this cuntry. as anticipated, it would also be their so called " evidence and reason" to initiate another salary raise.

 

[escher]

gdp figure. what good is that to the masses? do u really understand or bother by its figure?

only the MIW loves it. it sort of give them a backing about the delusion how good they are really at running this cuntry. as anticipated, it would also be their so called " evidence and reason" to initiate another salary raise.

YUP
yes
YUP YUP

 

[leetahbar]

only gahmen loves the statistics they created

yup, they just love it!

to us, it's another meaningless figure. it's a figure the gahmen loves to exploit and use it to sabo citizens. take for example our cpf. they were suppose to return every cents when citizens hit 55yo. becos of their lame crafty stats that say citizens can live to at least 75 yo, they raise the withdrawal age.

they should ve make it more obvious and raise it by another 5 or 10 yrs cos they have a living fine example of the immortal old man who's 90yo and still kicking....probably the bucket soon :p

 

[laksaboy]

Re: only gahmen loves the statistics they created

I'm quite surprised that the 'good news' have already came, considering that it's still a long way to go before the next election.

Things must be either quite fucked up, or it's a deliberate form of media distraction.

 

[leetahbar]

Re: only gahmen loves the statistics they created

could these be the real figures the paps have been avoiding all this time?

High household debt, low growth, low wages, high inflation, low productivity?
Posted date: May 26, 2013 In: Commentaries, Leong Sze Hian, Main story
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By Leong Sze Hian

I refer to the Ministry of Trade and Industry’s reply “Govt’s goal to create good jobs for S’poreans” (Straits Times, May 24) to Leon Perera’s “Different spin on wheels of productivity” (Straits Times, May 21).

Vibrant economy = Good jobs?

It states that “The Government’s aim is to create good jobs for Singaporeans by building a competitive and vibrant economy, with productivity as a key driver.”

Against this rhetoric, let’s take a look at the reality and some stark statistics.

I refer to the article “HK’s household debt rises to record 61% of GDP!” (TR Emeritus, May 4).

Hong Kong – record 61% household debt

It states that “Hong Kong’s economy is at risk of overheating after household debt rose to a record 61 percent of gross domestic product”.

Singapore’s even higher at 74%

Actually, Singapore’s household debt is even worse than Hong Kong’s, at 74 per cent of gross domestic product in Q3 2012. (“Household debt rise may curb domestic demand here: RBS“, Business Times, Mar 22)

2nd highest in Asia

“Witjin Asia, Singapore is one of the countries seeing both higher levels of and faster growth in private sector lending.

In terms of average debt to GDP, Singapore comes second after China among major emerging Asia economies.

China’s credit was 127 per cent of GDP last year, on average, while Singapore’s was 115 per cent.

The Monetary Authority of Singapore (MAS) said that as of the fourth quarter last year, Singapore’s private sector domestic debt-to-GDP ratio was 118 per cent.

Fastest growing debt?

Not only are Singapore’s absolute lending levels high, but they have been growing faster recently than most of its neighbours’.

Among Asian countries, Singapore and Thailand have seen the steepest year-on-year rises in their bank credit to GDP ratios over the last two years”. (“Asia is lending itself to higher debt risks“, Straits Times, Mar 12)

Hong Kong’s GDP growth at 1.4 per cent in 2012, was slightly higher than Singapore’s 1.3 per cent.

Quagmire?

How do we get out of the quagmire of low economic growth, low wage growth, high inflation, low productivity and high private sector domestic debt-to-GDP?

How did we end up in this pathetic state of affairs – despite the two casinos, liberal foreign labour and immigration policies, keeping local wage costs low, etc?

Have we run out of ideas, as we seem to be talking and doing essentially much of the same policies and strategies?

 

[leetahbar]

Re: only gahmen loves the statistics they created

are we suppose to believe this? probably another reason to back ponzi cpf to raise withdrawal age :(

Singapore ranks world No. 4 for life expectancy
Women here can expect to live to 85 years old, and men to 80: WHO

Published on May 27, 2013
7:21 AM Purchase this article for republicationBuy SPH photos
Elderly men react during a game of checkers at the void deck of Block 179 Toa Payoh Central on 26 May, 2013. Singapore has the fourth-best life expectancy rate in the world, latest World Health Organisation (WHO) figures reveal. -- ST FILE PHOTO: MARK CHEONG


By Salma Khalik Senior Health Correspondent
SINGAPORE has the fourth-best life expectancy rate in the world, latest World Health Organisation (WHO) figures reveal.

Average life expectancy at birth stood at 82 years in 2011, making it a joint fourth with Italy.

Women here can expect to live to 85 and men to the age of 80.

The top three countries were Japan - which has a female life expectancy of 86 and a male life expectancy of 82 - Switzerland and San Marino