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What are basic standards of living? Let the debate begin

A recent report by some academics on basic standards of living (Three cheers for them on insisting that “basic” doesn’t mean just living above poverty levels*) that have gotten the anti-PAP usual suspects on social media and cyberspace cheering and the PAP govt upset.

A study has found that parents with two children aged two to 12 will need to each earn $2,906 a month to meet a basic standard of living
For a couple with two children aged seven to 18, they will need at least S$6,426 a month to meet their household’s basic needs
A single parent living with a young child will need at least S$3,218 a month
The Ministry of Finance has criticised the study, done by the Lee Kuan Yew School of Public Policy
It said the findings may not be reflective of the circumstances of lower-income families [LINK]

“What People Need in Singapore: A Household Budget Study (2021)” focuses mainly on two types of households, parents with two children (aged seven-12 and 13-18) and single parents with one child (aged two-six).

But as I don’t fall within the above two categories, I’ll talk about “Single elderly person” category.

Two elderly persons living on less than budget of “one elderly person”

Going by the figure that an oldie like me or my mum supposedly needs (I look only at the bottom line numbers, not the breakdowns), MoF has a point (See ** , juz about) about the accuracy of the figures.

Between me (late 60s) and my mum (coming to 99), we live comfortably within the $1421.30 figure meant for only 1 retiree. And we exceed by $3.40, the figure without housing, healthcare, education and childcare: $1196.59): I assme $1200 for our basic monthly needs. And that includes food for our S’pore Special that has been mistaken for a Thai Ridgeback or a Dobie.

It’s not as though we are that frugal or live just above the poverty line. Yesterday, we had duck’s breast for dinner and tonight we’ll have pork ribs for dinner. Both from the Cold Storage deli, not Fairprice.

Of course, our basic-living-expenses budget excludes the costs of our helper and my mum’s hospitalisation bills (SingHealth and private), and my subs for the FT and Economist. Even if we include the cost to us of our helper and my subs, we are well under a budget of $2842.6 ($1421.30 x 2) let alone $2393.18 (1196.18 x2). Hospitalisation fees is very volatile. Mum had bills in 2019 and this year. Zero in 2020.

Maybe despite eating Cold Store deli food regularly, we are lower-income in the eyes of the PAP govt? We get CDC vouchers. We don’t pay income tax because we live on dividends. (Blur? See ** to understand what I’m talking about).

Whatever, very complicated topic: basic living standards because of cost of living assumptions, group dynamics, profile of the surveyed, compilations and computations.

So kudos to the academics for trying. Especially since they come from that bastion of Hard Truths, the LKY School of Public Policy. Maybe, we’ll see them somewhere else or jobless soon?

 

Cynical Investor

Cynical Investor blogs at Thoughts of a Cynical Investor

.

*They have detailed in great detail their assumptions and methodology: https://www.asiaone.com/money/how-much-do-you-need-basic-standard-living-singapore? Do read the article. Not the usual constructive, nation-building BS. It’s from a good financial blog, not the SPH group where PAP enablers turn anti-PAP once they stop getting their 30 pieces of silver: Another running dog turned self-appointed tribune of the HDB plebs.

**

The methodology used to arrive at the Minimum Income Standard (MIS) is highly dependent on group dynamics and the profile of the participants.

With most participants having post-secondary education and 15 per cent living in private properties, the findings expressed may not be reflective of the circumstances of the lower-income families situation and understates the support given. [LINK]

yyy
READER COMMENTS BELOW

19 Responses to “What are basic standards of living? Let the debate begin”

  • Basic NOT enough:

    These writers expect people to live on the street, or in very small spaces not even big enough for sex?

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  • Harder Truths:

    Look – all these so-called’ studies are done by Regime -funded wankers who have no real job. The reality is families are below the threshold for breaking even and are making ends meet by hook or crook.

    Right now jobs are disappearing and if you are parents with young children only Heaven can help you because the Regime surely won’t.

    Besides – and this is the kicker – no matter how successful your child is now, he or she will still end up unemployed one day.

    Wasted effort, wasted time and wasted life. Life of a $ingaporean.

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  • Singaporeans R Free Riders:

    Harder Truths:
    Look – all these so-called’ studies are done by Regime -funded wankers who have no real job. The reality is families are below the threshold for breaking even and are making ends meet by hook or crook.

    Right now jobs are disappearing and if you are parents with young children only Heaven can help you because the Regime surely won’t.

    Hello, why no money, poor already still want to have sex, then children?

    KNN, no wonder so many fcuking old uncle go batam, johor and Pattaya..
    Shameful peeps all ….

    Pattaya Thailand – Love or business? – Vlog 324
    https://www.youtube.com/watch?v=70R3-KBCAn4

    Harder Truths:
    Besides – and this is the kicker – no matter how successful your child is now, he or she will still end up unemployed one day.

    Wasted effort, wasted time and wasted life. Life of a $ingaporean.

    Hello, If you do not know how to build connection with people, it is your fault for being unemployed.

    Don’t blame other people for your misery. Take responsibility for your own action…Period.

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  • Basic Std?:

    Basic Standard?
    Elderly needs at least $15/day to just meet the basic Cost NOT the basic Std of living.
    Food and Medicine prices are everrising. What with the impending 9%GST!

    Worst of the worse groups are the disabled ones. Look! How much can the $100/mth PioneerDAS alleviate their stress and predicaments based on the rising CoL?

    It’s been $100/mth all along eversince the $8billion budget for Pioneer Generation was
    set aside since 2015 (going 7 yrs next year). And tens of thousands of PGs had since passed on. Can’t the P’DAS for the surviving ones be increased to $200/mth? It’s about the right time to do so, proactively.

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  • Uselesstankl:

    LOOK AT PRICES OF INFANT MILK,

    THEN OPEN YOUR BLOODY MOUTH,

    MINISTERS NEEDING MILLIONS TO LIVE !!!

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  • TFR become less than 2:

    //Hello, why no money, poor already still want to have sex, then children?//

    aiyoh. because it is human nature and instinctive lar ?? it is nature to procreate and pass down the gene hor until extinction hor ?? all organisms and animals do that including the current convid99 virus having many children (aka variants) hor ???

    if you start conquering instinct like many developed nations whose educated populace know that having children may not be so ideal, then TFR become less than 2 or abt 1.1 lor ??? why give birth to children who may be exploited by the elitist top if they may not be the elites themselves hor ???

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  • Singaporeans R Free Riders:

    Basic Std?:
    Basic Standard?
    Elderly needs at least $15/day to just meet the basic Cost NOT the basic Std of living.

    Sorry.. I don’t get you..

    Why Elderly needs at least SGD15/day to meet the basic ?

    1. Food – buy white rice 50cents + one vegie 1 dollars = 1.50
    (South Asian just white rice + curry soup nia 1 dollars eat very full already)
    2. Drink (yummy Milo) – 1.50

    Total = 3 dollars per meal or 9 dollars for 3 meals.

    So, why need SGD15/day ? Old people who screwed/fcuked around should not waste resources.

    When you are poor, don’t try to act high class atas and always want to keep up with the Jones (our great PAP MPs) who are the real rich and atas people.

    Do you want 3 meals in a hawker center, food court, restaurant or nigh club ?

    PAP supporters please print/distribute/$hare my post.
    In Dollar$ We Tru$t. Prai$e the Dollar$. Glory be with the Dollar$

    GE2024.PAP.Guarantee.Win.Again
    Majullah $PAP$ $PAP$ Huat$ Huat$ Huat$
    Singaporeans must be Cheaperer, Betterer, Fasterer
    Workers must accept wage sacrifices to keep businesses going.

    GD Star Rating
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  • got connection:

    //Hello, If you do not know how to build connection with people, it is your fault for being unemployed.//

    yar lor, like sinkie land open-leg policy actively connected to FTs (no connection until got connection in sinkie land ??) so that their connection can compete with weak connection (undermined by the white monkey idiots ???) of daft sinkies hor ???

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  • You know or not:

    Why are you still unhappy with PAP when your HDB flat price has gone up by tens of thousand dollar last year and this year too!
    Some guys do nothing but complain!
    If you own a condo, you are real lucky.
    Some guys have all the luck
    If you own GCBs, sell them like LHY.

    GD Star Rating
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  • implemented and structured:

    //Don’t blame other people for your misery. Take responsibility for your own action…Period.//

    taking responsibility also can mean peasants kpkb / complain until rules can be implemented and structured to their advantage lar ??

    if businesses and elites can kpkb in their own way (aka lobbying in “suits and ties” for the various policies to their advantages) ??, why can’t peasants / average people do it in own kpkb special way leh ???

    GD Star Rating
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  • MPs, do take note:

    Worst of the worse groups are the disabled ones. Look! How much can the $100/mth PioneerDAS alleviate their stress and predicaments based on the rising CoL?

    It’s been $100/mth all along eversince the $8billion budget for Pioneer Generation was
    set aside since 2015 (going 7 yrs next year). And tens of thousands of PGs had since passed on. Can’t the P’DAS for the surviving ones be increased to $200/mth? It’s about the right time to do so, proactively.

    Hopefully, emphatic MPs can bring this matter up before next year’s Budget Day.

    GD Star Rating
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  • Basic NOT enough:

    Some pappy commentators too.
    The elderly needs only food money. Then they sleep in the void deck and be rounded up like stray dogs.

    Basic NOT enough:
    These writers expect people to live on the street, or in very small spaces not even big enough for sex?

    Singaporeans R Free Riders: Sorry.. I don’t get you..

    Why Elderly needs at least SGD15/day to meet the basic ?

    1. Food – buy white rice 50cents + one vegie 1 dollars = 1.50
    (South Asian just white rice + curry soup nia 1 dollars eat very full already)
    2. Drink (yummy Milo) – 1.50

    Total = 3 dollars per meal or 9 dollars for 3 meals.

    So, why need SGD15/day ? Old people who screwed/fcuked around should not waste resources.

    GD Star Rating
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  • Only 3 meals ?:

    Basic NOT enough:
    Some pappy commentators too.
    The elderly needs only food money. Then they sleep in the void deck and be rounded up like stray dogs.

    Assume no need to see doctor?? No medical plan to pay. Staying out in the open no need for water bills, electrical bills, housing bills, medication etc? Many medicine also not susided .

    GD Star Rating
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  • Singaporeans R Free Riders:

    got connection:
    //Hello, If you do not know how to build connection with people, it is your fault for being unemployed.//

    yar lor, like sinkie land open-leg policy actively connected to FTs (no connection until got connection in sinkie land ??) so that their connection can compete with weak connection (undermined by the white monkey idiots ???) of daft sinkies hor ???

    Don’t throw smoke bomb lah … if you do not know how to network and connect with people, go learn from Techie Andrew lah.

    Go ask Andrew how to connect with his foreign talent wife to get the best of both world.

    PAP supporters please print/distribute/share my post.
    In Dollar$ We Tru$t. Prai$e the Dollar$. Glory be with the Dollar$

    GE2024.PAP.Guarantee.Win.Again
    Majullah $PAP$ $PAP$ Huat$ Huat$ Huat$
    Singaporeans must be Cheaperer, Betterer, Fasterer
    Workers must accept wage sacrifices to keep businesses going.

    GD Star Rating
    loading...
  • Singaporeans R Free Riders:

    TFR become less than 2:
    //Hello, why no money, poor already still want to have sex, then children?//

    aiyoh. because it is human nature and instinctive lar ?? it is nature to procreate and pass down the gene hor until extinction hor ?? all organisms and animals do that including the current convid99 virus having many children (aka variants) hor ???

    if you start conquering instinct like many developed nations whose educated populace know that having children may not be so ideal, then TFR become less than 2 or abt 1.1 lor ??? why give birth to children who may be exploited by the elitist top if they may not be the elites themselves hor ???

    Ok, so it is natural that your d1ck is itchy then make sure you take responsibility for your action and not ask for help.

    Here is a fellow forummer advice for you.

    Reality:
    Today action may be tomorrow regret. No one really know.
    Everyone should learn to take individual responsibility for their own action.
    Make the effort to find out more info from many sources and make informed decision. Not just accept everything as fact.

    No one will have pity on you if you are in shit for for following blindly the crowd or so call trusted source.

    GD Star Rating
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  • Singaporeans R Free Riders:

    implemented and structured:
    //Don’t blame other people for your misery. Take responsibility for your own action…Period.//

    taking responsibility also can mean peasants kpkb / complain until rules can be implemented and structured to their advantage lar ??

    if businesses and elites can kpkb in their own way (aka lobbying in “suits and ties” for the various policies to their advantages) ??, why can’t peasants / average people do it in own kpkb special way leh ???

    Hello, no one is stopping you to lobby in “suits and ties”

    You go ahead and show others here how you do it.

    Hahaha… no ? That’s it. Oppie Singaporeans just wait for others to do the work while they sit back relax, drink kopi and then just enjoy the fruits of other people labour.

    Very much like Hong Kees Martin Lee…
    https://www.youtube.com/watch?v=JXjSv3Hj-Xg

    PAP supporters please print/distribute/$hare my post.
    In Dollar$ We Tru$t. Prai$e the Dollar$. Glory be with the Dollar$

    GE2024.PAP.Guarantee.Win.Again
    Majullah $PAP$ $PAP$ Huat$ Huat$ Huat$
    Singaporeans must be Cheaperer, Betterer, Fasterer
    Workers must accept wage sacrifices to keep businesses going.

    GD Star Rating
    loading...
  • some do and act:

    //Hello, no one is stopping you to lobby in “suits and ties”//

    aiyoh. of course no one can stop lar and why must it only in “suits and ties” hor ?? kpkb and complaining can also do lar (each in his own way ??) and the style of activists and NGOs can also do lar ??

    //Oppie Singaporeans just wait for others to do the work while they sit back relax, drink kopi and then just enjoy the fruits of other people labour.//

    aiyoh. of course some wait ? some do and act ? some ride on other people’s work lar ?? white plp monkey gang also do that lar ??

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  • 6.9m or 10m:

    //Ok, so it is natural that your d1ck is itchy then make sure you take responsibility for your action and not ask for help.//

    yar lor. that is why many people in sinkie land are responsible (hence tfr low) ?? and white idiots got to come up with 6.9m or 10m open leg policy ???

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  • this is not smoky enough:

    //Don’t throw smoke bomb lah … if you do not know how to network and connect with people//

    are you also alluding to smoky 160th environmental standard (if this is not smoky enough) ?? connection (you mean one-curry-party-function style) ???

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