atans1

Maybe PM should heed Jap PM’s tots?

In Economy on 28/05/2016 at 12:25 pm

Prime Minister Abe … in his latest op-ed in the WSJ says that if developed countries are facing a future of low or no growth, and shrinking populations, then perhaps governments should focus on improving living standards and not simply chase high economic growth rates.

Well as S’pore is now facing a future of low growth and a shrinking population, unless FTs are let in by the cattle-truck load, the PAP administration should focus on improving living standards and not simply chase high economic growth rates?

After all Goh Chok Tong said we should be like the Japanese. And PM and ministers cite Japanese practices: here, here and here.

But then the PAP can’t let in its beloved FTs to eat S’porans’ breakfast, linch and dinner and all snacks in between. FTs are needed to spur S’poreans to be as cheap to hire as FTs are, despite the higher cost of housing etc here. Hard Truths are more important than the well-being of S’poreans?

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  1. By all accounts, PM LHL is an intelligent man. Hard Truths means letting in more of its beloved FTs to eat S’porans’ breakfast, linch and dinner and all snacks in between, just to maintain his status as the highest paid in the world? And you die your business or is there other motivations like perhaps selling land at exorbitant prices to maintain profitability of his crony capitalists and swfs?

  2. Quantitative GDP growth rather than qualitative is the game. So more FTs required. Otherwise real estate prices cannot keep rising which means an almighty reckoning for the government’s fundamental approach to funding retirement and healthcare.

  3. It is TOO LATE!

    The ‘barbarians’ are already in our midst. Singaporeans will LOSE OUT to the ‘foreign talents’. That’s for sure!

    ALL we can do now is to wake up to ourselves and see that our future and that of our children is bleak and then step up the UNIFIED CAMPAIGN FOR CHANGE! Change what? The bad policies of the government that are hurting us. Thereafter, the government!

    UNLESS WE ARE PREPARED TO DO THIS WE ARE DOOMED!

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