Short term gain instead of Long term productivity
Right from the start, it has been quite apparent that the Singapore government is more concerned with GDP growth above all else. The EDB's successful courting of MNCs initially resulted in Singapore workers experiencing high wages and employment without Singapore having to go through the experience of cultivating its own industries....
Going for free
Day one of the Budget wayang in session kicked off with this figure of $3.6 billion allocated for the Wage Credit Scheme, which has the present Government co-paying 40 percent of wage increases for Singaporean workers for the next 3 years. Forget for a moment how much of this amount will actually trickle down to benefit the...
Contorted justifications for bigger population
The arguments put forth by Professor Ng Yew Kwang at the seminar on the Population White Paper were at best elementary. Any A level students would be able to come up with better reasons than those put up at the seminar. I was reluctant to waste my time on this but with the main media giving it so much coverage as if that view...
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