Inflation has been low because healthcare costs have been kept - TopicsExpress

Inflation has been low because healthcare costs have been kept low, thanks to a 2014 government subsidy for the elderly, and cannot be attributed to improvements in productivity and economic performance. Income inequality is also likely to be understated, since retirees, who form over 6 per cent of households, and capital income, which accrues largely to higher income groups, are excluded from the calculations. Do you trust the PAP governments statistics that Singapore is getting better?

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