atans1

Numbers show GCT & Lee Jnr messed up?

In Economy, Indonesia, Malaysia on 27/03/2013 at 6:45 am

This chart shows all the economies that maintained 6% growth or faster over 30 years. S’pore’s run of 7ish% growthended in 1994, when GCT was PM and Lee Jnr was Deputy PM and in charge of the economy. Going by the things our PM is doing now, maybe GCT held him back? Or LHL has repented? And the changes he is initiating, is his way of saying, “Sorry”?. How about a claw-back of ministerial salaries? Esp of PM’sand DPM’s? If it happens to bankers, it can happen to ministers: after all ministers’ salaries pegged to bankers among others.

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  1. The chart simply shows it is a lot easier to grow when the country is poor. That said, China’s growth, given the size of the country, is very impressive.

  2. They just took credit and paid themselves like crazy. Politicians in other countries dont get paid like that for claiming to deliver growth

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