5starmoon: December 4, 2014 at 12:25 pm (Quote) From Mr Leong Sze Hian’s blog, “the estimated real median wage growth per annum was about 0.4 and 6.4 per cent, from 2000 to 2012 and 1990 to 2000, respectively.” Therefore, the real wage growth per annum in the 1990s was about 16 times (6.4/0.4) more than the last 12 years (2000 – 2012) or so. Obviously, the “lower income” group gets less than 4% over the decade and shows Jacky Foo’s 10% is very dishonest. The rapidly increasing GINI Coefficient for SG also contradicts him and points to PAP man Jacky Foo embarking on lying propaganda. Democracy with both sides of speech publish didn’t happened on mainstream media. Needless to say, the other access he talked about on education, healthcare, housing and even transport are dubious at best! As noted by Mr LSZ, “to what extent has our liberal foreign labour policies contributed to this very substantial decline in real median wage growth?” I say the PAP’s foreigner influx policy to depress wages and simultaneously made unskilled, semi-skilled and skilled true blue S’poreans lose jobs is simply indefensible. The PAP is devoid of ideas to growth SG’s GDP except to import en-masse foreign labor to bring down cost of business with scant regard to serve true blue S’poreans (let alone powerless low income workers), while helping property and rental prices skyrocket to feed cronies running REITs etc. Is PAP MP Mah Bow Tan not now the 5th largest shareholders of GSH owning $28 million dollars of shares? Of course, flooding SG with new immigrants for vote bank is another PAP’s devious ploy.
Posted on: Thu, 04 Dec 2014 13:32:23 +0000
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