Thursday, November 26, 2009

maximise growth at any cost, at the expense of singaporeans





Singapore has the third-largest share of foreign-born persons in its population of any country, after the United Arab Emirates and Kuwait.

It is inevitable that foreigner numbers will continue to swell, but the key is how many the country can accommodate and how fast it wants to grow.

PAP govt had went overboard in trying to maximise growth, at the expense of singaporeans.

For the investments that were brought in, the criteria were more to generate growth.

This has led to more low- skilled and cheaper foreign workers on work permits.

Their presence, in turn, has depressed the salaries of low-skilled Singaporeans.

It is not a new trend, and PAP govt policymakers are aware of it,



government labour reports show that wages of workers such as cleaners and labourers have stayed stagnant or even declined in the past decade, while the wages of higher- skilled workers rose.

Singapore had the biggest gap in both years. It also had one of the fastest widening gaps: In 1996, the top 10 per cent earned 4.9 times the income earned by the bottom 10 per cent; in 2006, that proportion had increased to 5.7.

The PAP govt has not done their job well, people has eyes to see.


cheers to our great leader who made thw wrong policies while they are aware of it.

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