Singaporeans Should All Have A 10% Paycut...
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in order to have a lower standard of living.
is that their solution to the high cost of living?
how can he equate lower salary to lower standard of living? -
lower standard of living should equate to below modest expenditures by the government. like in the 70s 80s ... before they learnt about how the entire workforce can become their money tree ...
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leadership 101: lead by example
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a 10% paycut for someone with a 100k salary is only 10k. his salary is still 90k.
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cut cut cut.....got bonus or not arh?
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His theory is higher cost of living = higher wages. I don't know how things work in penang, but maybe it does work that way.
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he is using his experience there in singapore.
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50% paycut for him!Originally posted by dragg:a 10% paycut for someone with a 100k salary is only 10k. his salary is still 90k.
Or Paycut according to how much votes they lose -
like that, please increase our starting pay and add a clause that employer have to increase income yearly by %
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he still gets 50k a month.Originally posted by deathscythe99:50% paycut for him!
Or Paycut according to how much votes they lose
his comment is irresponsible. -
then the poors become poorer, and the riches become not very rich only.
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wth was that ?
Theory totally does not compute leh LOL -
the kinda stupid ideas some of our minister can come up with and we pay top $$ for these?
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Someone tell our health minister this is singapore, not penang.
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It is not a bad idea at all as people should work towards becoming more self-reliant among the people.
If medical costs, transportation and other living expenses continue to go up, then the common fund set up by the people could be managed to provide alternative solutions.
Instead of paying everything into GST or taxes they could pool together to form bulk purchases like medicine for their own members and yet save on GST contributing the GST saving of 5% to a common endowment fund from which to generate unemployment temporary reliefs and other essential services which some opposition members are suggesting.
They could call perhaps such a self-help organization "National Self-Help Foundation" (NSSF) properly registered under society act with proper appointment of key officers and establishment of clear terms of reference and scope of services.
In this way they could protect themselves against any monopoly or any one who threaten to deny them of unemployment or medicare assistance or estate upgrading or their entitlements from national surpluses.
Such NSFF can incrementally extend its scope of self-help to cover community grass root activities e.g. nominating election representatives etc so as to be more representative of the people to maintain progress and prosperity of the people through self-help among the people. -
And you think the gahment would approve of such without trying to drain the blood out of itOriginally posted by robertteh:It is not a bad idea at all as people should work towards becoming more self-reliant among the people.
If medical costs, transportation and other living expenses continue to go up, then the common fund set up by the people could be managed to provide alternative solutions.
Instead of paying everything into GST or taxes they could pool together to form bulk purchases like medicine for their own members and yet save on GST contributing the GST saving of 5% to a common endowment fund from which to generate unemployment temporary reliefs and other essential services which some opposition members are suggesting.
They could call perhaps such a self-help organization "National Self-Help Foundation" (NSSF) properly registered under society act with proper appointment of key officers and establishment of clear terms of reference and scope of services.
In this way they could protect themselves against any monopoly or any one who threaten to deny them of unemployment or medicare assistance or estate upgrading or their entitlements from national surpluses.
Such NSFF can incrementally extend its scope of self-help to cover community grass root activities e.g. nominating election representatives etc so as to be more representative of the people to maintain progress and prosperity of the people through self-help among the people.
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lower salariesOriginally posted by dragg:in order to have a lower standard of living.
is that their solution to the high cost of living?
how can he equate lower salary to lower standard of living?
= pay less tax
= less income for govt
= lower standard of living
very logical -
The solution to the high cost of living can only come about 2 ways...Originally posted by dragg:in order to have a lower standard of living.
is that their solution to the high cost of living?
how can he equate lower salary to lower standard of living?
1. Cut the costs
2. Increase the wages
What PAP did was to raise the cost without without raising the wages.
To cut the cost it is simple... cut the price of HDB flats and build until there are too many of them and ensure that there are too many HDB flats all the time. This will ensure that the resale price does not shoot up. This is in government control. The price of flats conservatively rose from 15K to $200K (200/15 x 100%=) which is an increase of about 1333%
Salaries at the time for a new army officer at that time when the flats was 15K was about $1000 per month. So are the new army officer now getting $13330? Other than the increase in pay of over a thousand % for the ministers and the big bosses in GLC and those at the top of their professions.... the rest of us are exploited.
Blame PAP; blame NTUC.
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