TR EMERITUS

Dear readers, A colleague of mine showed me this link http://www.youtube.com/watch?v=wwGF8MV4nSo about parliamentary debates on ministerial salaries some years back. LKY's point then was that Singapore's trade is three and a half times its GDP, higher than that of Hong Kong's and much higher than those of Denmark's, Switzerland's... 

如果，我们回味一下，国家发展部长许文远在一个青年论坛上的讲话，经济方向应该不会出现大改变。除非，国人，尤其是年轻人，愿意放弃更好的就业机会。他说：“现在国人不满的是人太多，太拥挤。但是，如果经济增长放缓，会有新的不满出现——刚从大学毕业的年轻人将会找不到工作。” 经济增长放缓，年轻人将会找不到工作。这是部长说的。国人要做出选择。劳动市场外来人口减少，经济慢下来，国人要面对现实。 为何只懂增加劳动市场的供需，而无法提高国人的生产力？ 过... 

I remember a few years ago when the lack of  requirement to pay workers a fixed proper retrenchment in the Employment Act was discussed , PM Lee was interviewed on TV and what he said I can't forget. He told the reporter that Singapore must make it easier for companies to lay off workers so that they would be more willing...