Rebutting the new balance speech
Let’s analyze the speech carefully and point out the nonsense uttered. 1. Going for Growth & liveability – How has growth in the last 15 years benefited the bottom 80%? The only things that I can think of are structures that the govt has built which are the playgrounds of the top 20%. Pay increases have stagnated...
Nastier shocks await us if we continue to import cheap FTs
This just happened in china (see news below). Because of a RMB500 (less than SGD100) wage dispute, a factory worker in Guangdong set his workplace on fire, killing 14 fellow workers and seriously injuring I. If you google or baidu on worker disputes in china, you can find many similar tragedies happening over the years. While...
Dirty Trains and Buses
Has anyone noticed that since the SMRT sacked the CEO, no one has been cleaning the trains? I am not sure if this is the instruction of the new CEO to cut cost and show greater profitability immediately. I remembered those days when you are greeted by fresh smelling scent when you entered a carriage. Perhaps it was the smell...
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