30 Jan '11, 1am

[TOC] Record investments = Negative wage growth?

fact is that cost of living is going up but wage growth remain stagnant or negative for many singaporeans. all these happen despite the “growth in GDP”, “record high investments”. something is not right. for every action that the government takes, be it bringing in investments or foreigners or housing policy – the ultimate objective should be to improve the lives of singaporeans. government should not lose sight of this. seriously, if people are living in anxiety over mortgage payments and surviving with low wages, who cares about rankings (GDP, etc) which the government seems to be obsessed about. sure, ranking is one way they like to brag about to create the perception that they are doing their job. but take a walk in the heartland, listen to what people are saying. take off the blindfold of statistics. truly see what’s happening, how people are feeling. does “record hig...

Full article: http://theonlinecitizen.com/2011/01/record-investments-ne...

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