Question poorer 70% should ask

In Economy on 12/06/2017 at 10:17 am

But are not asking.

“What does it mean to have low unemployment* when inequality stays the same?” asked a German florist, quoted by the FT. (See Chris K’s improvement below)

Well her question should be asked by the less well-off PAP voters who face stagnating wages in spite of higher (unjustified) water prices and higher (also unjustified BTO prices), and coming higher public transport prices, again unjustified.

Maybe Oxygen and other TRELand cybernuts should not tar all PAP voters as daft? Maybe they should confine their remarks to those like them: poor, lazy and born losers. People like PAPpy dog RayWing Ng who celebrates Employers’ CPF because he admits he cannot get a 16% pay increase if it wasn’t compulsory for all S’poreans. Taz how much of a loser he is.

Update at 10.45 am: Chris K improved on  the quote for S’poreans:

Rephrase in Singapore terms – what’s so good about low unemployment when inequality is so high?

I should have tot of that rephrasing. But to be fair to the MIW, inequality has dropped a little.

*German unemployment is a lot higher than S’pore’s. People like Chris K are pointing out that our employment rate is rising despite improving economic growth. Technically we are at full employment.

  1. Hahaha, PAPies will tell you better than high unemployment with low inequality! Definitely bad for them!!! Hohoho!!!

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