atans1

S’poreans are delusional?

In Financial competency, Uncategorized on 09/07/2015 at 4:39 am

S’pore has been ranked 97th out of 145 countries in a Global Well-Being Index survey by polling firm Gallup and “well-being solutions provider” (whatever  doesthis mean) Healthways announced on June 24. Panama came in first for the second consecutive year heading the list for physical and purpose well-being, and second place for social and community.

Worse, in Asean, we ranked behind Myanmar (20), Malaysia (41), Philippines (43), Thailand (50), Indonesia (73), Vietnam (93). Cambodia came in slightly below Singapore at 99. (More details at end of the article from CNA)

The cybernuts were out celebrating this ranking (showed S’pore was a terrible, horrible place), while the constructive, nation-building media was quiet on analysis and commentary.

I wasn’t too surprised because the rankings were based on personal feelings:  Responses were categorised by Gallup analysts as “thriving”, “struggling” or “suffering”. Countries are then ranked on the percentage of the population that is “thriving” in three or more elements of well-being. And S’poreans are always complaining, unhappy about almost everything.

What I found interesting is that S’pore scored well in“managing your economic life to reduce stress and increase security”, Singapore was ranked ninth worldwide.

Seems delusional of the S’poreans surveyed given

— The cost of “affordable” public housing (25 year  to pay morgage), leaving very little room to build up retirement savings.

— The cost of owning a car.

— A public transport system that sucks if one is working and can’t afford a car.

— Most of the gains in real wages comes via the CPF increase that employers have to gove.

— The almost 40% of the salary that is tied down with restrictions.

And they still think they are doing “managing your economic life to reduce stress and increase security”.

The PAP administration must have put something into the water supply.

btw, Gallup is a very respectable polling organisation, unlike our Institute of Policy Srudies.

————————

 *The index was based on interviews with more than 146,000 people aged 15 and older, in 145 countries, territories and areas in 2014. The annual survey measured five indicators: Financial well-being, community well-being, purpose well-being, social well-being and physical well-being.

Survey respondents were asked ten questions and asked to rate their responses on a five-point scale. Responses were categorised by Gallup analysts as “thriving”, “struggling” or “suffering”. Countries are then ranked on the percentage of the population that is “thriving” in three or more elements of well-being.

For financial well-being, which Gallup defined as “managing your economic life to reduce stress and increase security”, Singapore was ranked ninth worldwide.

Singapore was ranked 72nd worldwide for community well-being, defined as “liking where you live, feeling safe and having pride in your community”.

It scored 111th in purpose well-being – “Liking what you do each day and being motivated to achieve your goals”; 127 in social well-being – “having supportive relationships and love in your life”; and 137th in physical well-being – “having good health and enough energy to get things done daily”.

The index aggregates the scores in the five categories to arrive at Singapore’s overall 97th ranking.

 

 

 

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  1. Comfortably Numb explains it.

    • Right term. Which is why the PAP will have a serious edge so long as it doesn’t really bugger up. Which is why yr friends keep cursing the PAP, and alienating the swing voters. They want things to be so bad that the swing vote gets radicalised goes their way because the swing voters have lost almost everything. Nantah Marxixts like yr friend Oxygen are like the Grreek uber radicals. They want revolutionary societal change. )))) Which is also why he dances on the graves of the dead children.

  2. I do not know but what I do know is that Singapore PAP does have the bestest propaganda machine in the whole world, one example is that Singapore is ranked Number Ten in Global Entrepreneurship Index 2015. http://thegedi.org/2015-global-entrepreneurship-index/

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