Serious The Economics of Poverty and Inequality in Singapore - Yeoh Lam Keong

[yahoo55]

[video=youtube_share;y7TkWaUI9cA]https://youtu.be/y7TkWaUI9cA?list=WL[/video]

 

[yahoo55]

Rebutting PAP's arguments on poverty and inequality in Singapore and "Trickle-down economics"

 

[chongpangchixwings]

If everyone's effort, diligence and commitment were roughly equal then there would be less inequality in Singapore.

 

[yahoo55]

PAP govt owns 80% of the land Singapore. Why high land prices and rents are damaging to Sinkie commoners and local businesses.

 

[yahoo55]

Self-censorship and fear, the reason for hearing only Singapore good news in the media

 

[yahoo55]

Why the PAP elites and their superscale civil servant cronies are not doing enough to reduce poverty and inequality in Singapore?

 

[bigbossman]

This type of talk is usually given by SDP politicians.

 

[Annunaki]

Why the PAP elites and their superscale civil servant cronies are not doing enough to reduce poverty and inequality in Singapore?

Who is this ugly bitch? Looks familiar is she one of the lesbos from AWARE ?

 

[frenchbriefs]

if people are paid accordingly to how hard they work,LHL should be working 27 hours a day and i should be working about 5 minutes a day.

man cant wait for the day when im making $1000 an hour from my passive income.$1000 an hour,can u imagine looking at ur bank or investment account and its increasing by $1 every second?i couldnt even imagine what to do with the money.

 

[Devil Within]

The only way to bring more equality is having truly free market and true capitalism where you make it easy for anyone who want to start an honest business. Reward creativity and hard work through free market.

The only role of the gov is to ensure fair play with sound justice system with good law and order and solid sovereign defence.

 

[GOD IS MY DOG]

If everyone's effort, diligence and commitment were roughly equal then there would be less inequality in Singapore.

oh really ?............what if your friend's family is 10x poorer than yours...................while another friend's family is 10x richer than yours..............

or what if your parents are PAP topdogs....................results still similar ?

 

[jw5]

If everyone's effort, diligence and commitment were roughly equal then there would be less inequality in Singapore.

You must be a gullible moron to make such a naive comment.

 

[johnny333]

If everyone's effort, diligence and commitment were roughly equal then there would be less inequality in Singapore.

LKY is rumoured to be a billionaire when he up the lorry. How does an "honest" politician do that

Ho Ching is running Temasek and makes a couple of millions a year. What is her qualifications

 

[kohpc]

You must be a gullible moron to make such a naive comment.

Pink dot day is over so bring your gay ass elsewhere.

 

[no_faith]

There is no equlity, fairness, justice in real world la. Hahaha
Swallow that.

 

[Devil Within]

There is no equlity, fairness, justice in real world la. Hahaha
Swallow that.

That is why there is no equality. If there is real free market capitalism and sound justice system, there will be more equality.

 

[Leongsam]

There's nothing wrong with inequality it's what keeps the human race going.

If everyone was equal the world as we know it would come to a screeching halt.

 

[Dreamer1]

Yeoh Lam Keong's comment on Rent is truly spot on, unfortunately his buddy DPM Tharman did not bother to listen to him or is waiting for PM Lee to transfer power to him, I am not sure but obviously it is bad enough that Yeoh now make such hard hitting statement. Anyway, it is really too late, the die has been casted, we can probably be happy knowing that little red dot will not be the only one, although we need not be in that tragic group of nations.
Poverty and Inequality in Singapore - How high rents are damaging local businesses
https://www.youtube.com/watch?v=qZT6KtsEBIw

 

[GoldenDragon]

A GRC team comprising Lim Tean, Paul Tambyah, Lam Keong, Jeanette and 1 or 2 others (of similar quality) will be worth at least 45% of the votes in a GE?

 

[blissquek]

LKY is rumoured to be a billionaire when he up the lorry. How does an "honest" politician do that

Ho Ching is running Temasek and makes a couple of millions a year. What is her qualifications

This month, the son of former President shearers made over $4 million from sale of his Sentosa
landed house.He bought it in 2005 from developer,Ho Bee, Chua Tian poh..for $2.7 million and sold it for $6.8 million.

Was he the selected and privileged few to be offered this prize catch..??

Or was he just lucky or was it that he is well connected.?

Now , Chua Tian Poh was also lucky to clinch the sentosa cove parcel of land in 2003.
He was the sole tenderer and tendered 22% below value to get it in a very hush and quiet tender exercise.

Wong kan seng said the deal is ok. No problem about it, even the Chief valuer was not consulted.

Was Chua, now a billionaire very lucky or was it that he is well connected.?

Now, our PM LHL was also very lucky to make money from his Nassim Jade condo.
He got more than 10% discount but he returned it as donation after this episode.

We will just have to conclude that he is very lucky and well connected.

So for these few people, they are lucky and well connected and the words POVERTY AND INEQUALITY are not in their vocabulary.

If you fall below the poverty line, you are just unlucky.