<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>
Coffeeshop Chit Chat - PAP:Bad Leedership in times of trouble?</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">Lola (Langusta) <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Nov-8 11:35 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 4) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>2305.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Another interesting blog post by Lucky Tan
http://singaporemind.blogspot.com/2008/11/recession-bad-leadership-in-times-of.html
<HR>Recession : Bad leadership in times of trouble?
A month ago, I wrote No leadership in times of trouble.
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2 days ago, I had to sit through lunch with a group of young angry people. They were so angry over so many things - high HDB prices, electriciy bills, fear of being jobless, congestion on the roads, overcrowding on the MRT etc etc - I had to get them to calm down and eat their lunch instead of ranting or we would have been stuck at the foodcourt for a few hours.
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http://singaporemind.blogspot.com/2008/11/recession-bad-leadership-in-times-of.html
<HR>Recession : Bad leadership in times of trouble?
A month ago, I wrote No leadership in times of trouble.
.
2 days ago, I had to sit through lunch with a group of young angry people. They were so angry over so many things - high HDB prices, electriciy bills, fear of being jobless, congestion on the roads, overcrowding on the MRT etc etc - I had to get them to calm down and eat their lunch instead of ranting or we would have been stuck at the foodcourt for a few hours.
“If we just send away the foreign workers now, it will do us harm. For example - companies which are already in difficulty and they hire half foreign workers and half Singaporeans and you tell them that foreign workers must go out. And when you take Singaporeans, his cost will go up and the company may close. And if the company closes, even the half who have jobs may lose their jobs" - Prime Minister Lee Hsien Loong
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Another day another explanation why so many foreign workers are needed. This time he contradicted his own and his ministers' previous explanation that foreign workers are not here to "keep wages down". If they are not here to keep wages down, why would cost go up when Singaporeans are hired. A few years ago, our demographics post-baby boom had limited us to slower economic growth. The PAP govt realised that slower economic growth can be overcome by importing foreign labor. Why is high economic growth important to the PAP? There is a belief in the PAP govt that with economic growth everything else can be solved. We did not go for what other govts went for - which was a moderate foreign workers policy - sustainable and beneficial to the citizens. We had a foreign worker policy on steriods - we brought in more foreign workers per capita than all other countries (except oil rich middle-eastern states?). The numbers overheated the housing market making expensive for Singaporeans to own a home, overcrowding in public transport, rising costs and exacerbated a worsening income gap. It was a simple formula the PAP applied to get the GDP outcome it wanted : MORE INPUT = MORE OUTPUT = HIGHER GDP. The economy did grow in all sorts of bubble like manner but it was all a numbers game. Along the way condescending explanations were thrown at Singaporeans. One of more insulting ones was to call Singaporeans "small minded" when they expressed their fears and concerns over this policy. Other explanations include "foreign workers create jobs for Singaporeans"....but most people are asking what would the right numbers to maximise the benefits to Singaporeans...and for that one they never got an answer.
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In 2006, PM Lee argued strongly for a casino against the objections of the population. Many of us spoke against the social ills that it will bring and many were wary that the casino boom was its tail end with so many governments (Thailand, Vietnam, Phillipines etc) jumping onto the same bandwagon. Most people knew that trying to overturn a bad idea of the PAP govt would be futile but they felt so strongly about it they spoke up and put up a petition anyway. PM Lee then shocked us all by granting 2 licenses instead of 1 as if to slap the faces of those who stood up against his govt casino idea. 2 years later, the casino boom ended, they have to turn down the lights and scale down the shows in Vegas to save costs...Sands is going bankrupt. Genting plans to delay the opening of its casino. A few days ago Sands' stock spiked up on rumors that the Singapore govt will step in to help them with their fianances. While our govt is known for throwing money to salvage bad ideas (remember Chartered Semicon..? ABC Learning?...Micropolis?) many of us hope they will make an exception this time and not use tax payers money to help Sands.....
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In 2006, PM Lee argued strongly for a casino against the objections of the population. Many of us spoke against the social ills that it will bring and many were wary that the casino boom was its tail end with so many governments (Thailand, Vietnam, Phillipines etc) jumping onto the same bandwagon. Most people knew that trying to overturn a bad idea of the PAP govt would be futile but they felt so strongly about it they spoke up and put up a petition anyway. PM Lee then shocked us all by granting 2 licenses instead of 1 as if to slap the faces of those who stood up against his govt casino idea. 2 years later, the casino boom ended, they have to turn down the lights and scale down the shows in Vegas to save costs...Sands is going bankrupt. Genting plans to delay the opening of its casino. A few days ago Sands' stock spiked up on rumors that the Singapore govt will step in to help them with their fianances. While our govt is known for throwing money to salvage bad ideas (remember Chartered Semicon..? ABC Learning?...Micropolis?) many of us hope they will make an exception this time and not use tax payers money to help Sands.....
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"It occurred last Sunday, when a train commuter refused to give up his seat to a pregnant woman even when he was asked. Instead, he blamed it on the tough life, reported The Straits Times’ news portal.The episode was photographed by an eyewitness, who quoted him as saying, ‘Life is already full of suffering, why should I reward her (the pregnant woman) for bringing one more life into this world?’" - [Link]
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