- Joined
- May 26, 2009
- Messages
- 17,247
- Points
- 63
Imho, I believe that we are now on auto-pilot from the policies of Old Man's era. Many of them are now having hard time moving ahead ( HDB pricing due to assets creation/loyalty building, loose immig policy/falling birthrates of Chinese & Indians..) becos the very architects who dreamed them are now retired, and our current fresh fries of leaders incl. the son, are mere pen pushers who have not the same conviction as the old man. That's why they are having a hard time explaining to the people and getting their acceptance. I dont think there are many policies that are conceived by the current gen leadership. There are no Lim Kim Sans, Goh Keng swees, or Hon Sui Sens in the current Cabinet. Even the son is over-rated.
LHL has not done anything significantly good for SG. what he has done is using obsolete economic model of increasing factors of production to grow GDP. such an old, outdated and obsolete way of increasing GDP.
Look at what S Korea has done to its economy!!! Hyundai, Samsung, Galaxy 3, Daewoo, KIA, LG..etc. and improved productiviy through higher technology, innovation, creativity.
SG has done the reverse and is stuck in low tech, intensive labour methods which stifle productivity. An example..automatic car wash needing one worker has been replaced by manual labour manpower intensive car wash because the pap allows import of cheap labour.