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Many young Singaporeans I talk to, especially those who have recently graduated and have just entered the workforce feel demoralized because many of the things that they grew up aspiring to have are now beyond their reach. Our aggressive growth strategies, which allowed cheaper foreign workers, including professionals to easily gain employment passes degraded or depressed wage levels of many Singaporeans, not just the lower income Singaporeans. I remember when I started work in 1985, my salary was $1900 as an entry level engineer. After a few years I could afford a house and a car. Today, 28 years later, an entry level engineer in Singapore earns $2600, just $700 more than what I earned when I started. The mathematics is very simple, the cost of living did not just go up by 1.3% per annum the last 27 years and even more, the cost of owning a HDB flat is did not just go up by 37% since 1985.
Finally, I am perturbed by the banquet analogy used by Minister Khaw. We are talking about lives of Singaporeans. Our banquet guests come for one night and leave when the function is over. There is no turning back when we grant PR and citizenships. We must be more exact about the numbers we want to add to the Singapore population and not plan on a basis of 'hoping we hit some number". Because if overdo things and end up with a population of more than 7m, it may be too late to stop the fast moving train of population growth when we fire up all the engines of growing the population. We missed the mark the last 10 years, and are already paying a high price for that mistake.
Inderjit Singh
Speech by Mr Inderjit Singh,
MP for Ang Mo Kio GRC
https://www.facebook.com/theonlinecitizen/posts/445117918893733
Finally, I am perturbed by the banquet analogy used by Minister Khaw. We are talking about lives of Singaporeans. Our banquet guests come for one night and leave when the function is over. There is no turning back when we grant PR and citizenships. We must be more exact about the numbers we want to add to the Singapore population and not plan on a basis of 'hoping we hit some number". Because if overdo things and end up with a population of more than 7m, it may be too late to stop the fast moving train of population growth when we fire up all the engines of growing the population. We missed the mark the last 10 years, and are already paying a high price for that mistake.
Inderjit Singh
Speech by Mr Inderjit Singh,
MP for Ang Mo Kio GRC
https://www.facebook.com/theonlinecitizen/posts/445117918893733