Income gap tears at Singapore social fabric [Reuters]
-
Originally posted by reyes:
Hmmm, as I am not 100% clear on these, I shalt not comment on your views.
[b]I am not sure which country have pension policy. But I know Japan practice that, and the reason that I see why their Garment did that is because the employer and employed status will be a long lasting one.
1 Japanese man, in his life will only work for 1 company.
1 Singapore man, average will work for at least 3 company. The mindset of people are different.
Japanese basically do everything within their limits for their company, as they know that if their company contiune to run after he / she retire, they will get their pension. They care for the company like its part of their own family business despite their salary and status in the company. Do YOU.
i working in a jap company thus i would like to correct some of wrong perception you have on a Jap or jap culture.
most Jap no longer work in just a company in their entire life. at least not in my company or my client company.
Japan pension scheme as i know of has nothing much to do with a lasting employee or employer relationship. everyone every employed person has to contributed to a pension fund(similar to CPF). but they face big problems now because ageing population, younsgter prefer to be freester than work in a 9 to 5 job thus not contributing to the fund.
first and forecast we need to increase our employer CPF contribution back to 16 % [/b]
Anyway, I am working in a very Traditional Japanese company and currently in Japan. (tomorrow flight back, going to sleep .. last post) From what I have known from the Japanese in my company and those I have encounted, it is by the LAW of the Japanese Goverment that the company shall provide for the employee after retirement. Yes, despite his / her year in the company, the company in which they retire will be required to pay his / her pension. So basis on this point, I strongly believe their point of 1 company 1 life.
Oh yea, I know also on your point that a part of the salary will be hold by the company instead of the Goverment like the CPF, but I am not sure if this amount will be used as their pension. But certianly, if the company closes down they lose everything.
And also loan will be granted with the company being the G. of the employer, should the employer unable to payback his / her loan, the company will bear the loan. (this is happening in Japan.) so again, this is a point for 1 job 1 life for the japs.
Anyway good nite. 12.56am.. 10am flight tml. cu again in Singapore -
"rich brain.."Originally posted by yuehan:What I am trying to put through are the point that mid class people who are very comfortable should not compare themselves to the richer and complain / whine about the garment. If they are really capable, strike it out and join the higher class. Stop the complaining, it is really distracting the garment from looking at the LOWER class when the MID class are making such a big din to get attention.
China are next to Japan, but the salary range of these 2 countries are too wide. China had a very serious rich - poor gap, Japan somehow is quite balanced. Singapore should review its policy and work towards a balanced nation like Japan. Note, Japan policy will not work for Singapore, our Garment has to think of a unique policy (maybe first of its kind ever) to get that balance. That's why the rich brains are hired for the job, if they can't get a formular out to strike a balance, the Garment really failed.
-
BTW, 16% policy will not help the lower income much what.. those jobless will be worst. Company will hire more carefully and try to cut down operation costs by reducing employees. OR hire more foreign talents..Originally posted by will4:I also hoped they increased back to 16%
Ok really last post liao.. Good Nite All Fellow Forumers and Politics wannabe like me. -
Nonsense.Originally posted by the Bear:oh yeah.. he does it by increasing the pay of the ministers whom he benchmarks with people like Bill Gates
yeah.. right.. sure..
To narrow the income gap, you have to raise the GST to help the poor.
Hey, I didn't come up with this brilliant strategy. -
you missed my thread. Taiwan is better than Singapore in many waysOriginally posted by yuehan:Why don't you compare Africa?
Anyway Taiwan politics is havoc, Korea is divided, HK hmmm rich gap is even in bigger mess than ours... ARE we not fortunate?!
http://www.sgforums.com/?action=thread_display&thread_id=225768 -
hmm.. i think we're both right...
they did both so that there will not be a gap anymoreOriginally posted by charlize:Nonsense.
To narrow the income gap, you have to raise the GST to help the poor.
Hey, I didn't come up with this brilliant strategy. -
actually the GST hike has no impact on the poor. they have no money to spend in the first place.Originally posted by charlize:Nonsense.
To narrow the income gap, you have to raise the GST to help the poor.
Hey, I didn't come up with this brilliant strategy. -
hmm.. true... but, hey! at least they got some entertainment,:Originally posted by dragg:actually the GST hike has no impact on the poor. they have no money to spend in the first place.
look! its our MPs dancing hip hop! -
Laughter won't fill your empty stomach.Originally posted by asdfzhao:hmm.. true... but, hey! at least they got some entertainment,:
look! its our MPs dancing hip hop!
Really. -
Apparently the Romans canOriginally posted by charlize:Laughter won't fill your empty stomach.
Really.
Didnt you watch Gladiators?
-
where are they now?Originally posted by laurence82:Apparently the Romans can
Didnt you watch Gladiators? -
So the policy is a good one...tax the rich who can spend to help the really poor who cannotOriginally posted by dragg:actually the GST hike has no impact on the poor. they have no money to spend in the first place. -
That is exactly why the plan is to raise the CPF rate for middle income earners, where it will make a difference. For low income earners, the increase of a few percentage points will not make such a big difference to the employee and may encourage employers to hire cheap low-skilled foreigners instead. It is harder to replace local skilled workers compared to unskilled workers.Originally posted by yuehan:BTW, 16% policy will not help the lower income much what.. those jobless will be worst. Company will hire more carefully and try to cut down operation costs by reducing employees. OR hire more foreign talents...
For the lowest income earners, it is better for the government to top up their CPF with workfare as was proposed. -
Theres a class called middle class, i am not sure whether have you heard it before but it consist of MOST of the population.Originally posted by oxford mushroom:So the policy is a good one...tax the rich who can spend to help the really poor who cannot
GST would affect the middle class the most, and the middle class is not subjected to any aid at all.
U think poor, then u think rich. This shows how shallow you are by not understanding the whole situation.
-
the rich are getting richer, the poor are getting poorer. i think it will be famous in the nxt few yrs
-
the hike in GST is to benefit the poorest of Singapore society...you may not have heard of it but there are poorer people than you around. This shows how blind you areOriginally posted by pinkish purple papayas:Theres a class called middle class, i am not sure whether have you heard it before but it consist of MOST of the population.
GST would affect the middle class the most, and the middle class is not subjected to any aid at all.
U think poor, then u think rich. This shows how shallow you are by not understanding the whole situation. 
-
This article appeared in CNN....Now Wee Shu Min is well known internationally.
http://www.cnn.com/2006/WORLD/asiapcf/12/19/singapore.inequalities.reut/index.html?section=cnn_latest -
And her dad too, wow. I bet George Yeo doesn't even get this kind of attention half as easy.Originally posted by kilua:This article appeared in CNN....Now Wee Shu Min is well known internationally.
http://www.cnn.com/2006/WORLD/asiapcf/12/19/singapore.inequalities.reut/index.html?section=cnn_latest -
Why hike in the 1st place?Originally posted by oxford mushroom:the hike in GST is to benefit the poorest of Singapore society...you may not have heard of it but there are poorer people than you around. This shows how blind you are
Is it ok to waste money on nepotism, legalise corruption, minister's salaries, unsuccessful govt-link projects and yet have 200 billion reserves shrouded with much intransparency?
GST definately is NOT the best way to help the poor. GST is an excuse.
U always quote rubbish written by 148th media and agreeing to whatever ur political masters. To make matters worst, u are not even living in Singapore (dun give me the "i-may-be-away-but-my-heart-is-still-singapore-crap-thingy")
U post thousands of topics and replies, but every replies get rebuked by honest, intelligent forummers here. Sad for u, huh?
Ahh...i know i know, how about this, forget what i said earliar, why don't you post something that is popular and intelligent? Yeah, why dun u post a topic that would make more that 2 forummers agree with u? Ah! It sure is a challenge for u to be popular and correct here, come on, Lets hear u say something of ur own words and make people agree with u.
Must be of your own words and not quoted by ur political masters or 146th media leh, u can do that or not? -
I'm tempted for a little repartee, but I'll leave her alone for now. Pity her liao.Originally posted by ditzy:And her dad too, wow. I bet George Yeo doesn't even get this kind of attention half as easy. -
What did she do to get ur sympathy? just curious...Originally posted by LazerLordz:I'm tempted for a little repartee, but I'll leave her alone for now. Pity her liao. -
Her daddy is not a LeeOriginally posted by pinkish purple papayas:What did she do to get ur sympathy? just curious...
He is only a Wee
Exposed what the elites really see
Told off non relative Wee
as though he is donkey pee
Now she is abandoned by her clan in RJC
If she had been diplomatic
her future will be damn shiny
now her daddy career is abit shakey
Ang Mo Kio not happy
Ai yo..now he has to worry
His daughter made a fool out of PAP
Lao Lee sure bloody angry
66.6% is already very shakey
I only just wait and see
what will the poor girl be.
Because with CNN
Comes International Publicity! -
She sells seashells by the sea shore,
the seashells she sells are by the sea shore,
if she sells seashells by the sea shore,
then she sells sea shore shells. -
She has proven the loreOriginally posted by nightzip:She sells seashells by the sea shore,
the seashells she sells are by the sea shore,
if she sells seashells by the sea shore,
then she sells sea shore shells.
What a bore
Everyone already suspect the core
CNN just advertise it a little more -
Read your thread. Good points.Originally posted by kilua:you missed my thread. Taiwan is better than Singapore in many ways
http://www.sgforums.com/?action=thread_display&thread_id=225768
Now tell me whats bad about Taiwan, and we compare again.