Tharman: worker wage increase causes inflation, gov fee not
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Tharman should tell the same to the PAP not to increase salary of the greedy ministers including himself. Tharman is nothing but just another cold blooded vampire to suck us dry. Chao botak talking cock.
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Originally posted by eagle:
From news report:
If Singapore's labour market is tight, we should raise wages to attract more people, including homemakers, to join the labour force.
Yet, from the news report again, raising wages is not the solution
Hmmmm
So means need to employ more FTs lor
Raising wages is not the solution. It is considered a solution when the PAP raise their own wages/salary. All the scumbags from PAP always use the same old words "quitters", "losers", "not a solution". They seem to have limited vocab for a bunch of losers getting million million $ pay. Towards the people, they adopt a negative view, towards themselves everything is good, is fine, everything boleh.
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fck talents is all they need.
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Originally posted by Fantagf:
Raising wages is not the solution. It is considered a solution when the PAP raise their own wages/salary. All the scumbags from PAP always use the same old words "quitters", "losers", "not a solution". They seem to have limited vocab for a bunch of losers getting million million $ pay. Towards the people, they adopt a negative view, towards themselves everything is good, is fine, everything boleh.
1 more word.
brace, brace, brace.
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We have just increased 20% on their pays this year but now who tell me that it is no use to curb inflation.
I think they keep their $ 4 fcuking business in overseas!!!Ms peanut has just sold 4 penthouses in sinkapore and transfered $ to USA 4 their children.
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may as well say that government wage increase causes inflation. worker pay rise a few hundred at most. government pay rise also amount in hundreds.... hundreds of Ks.
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Originally posted by deathmaster:
may as well say that government wage increase causes inflation. worker pay rise a few hundred at most. government pay rise also amount in hundreds.... hundreds of Ks.
How come the minister diifer in their opinion? One minister called for lump payment to employees at one shot to fight inflation n finance minister mentioned better notraised salaries as it might worsen situation.
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Minister : "we are having dinner with Lobster , shark fin , mmmm i should add some peanut into my meal, anyway its just some peanuts ..."
Singapore poor ppl " i cant even afford a decent meal " and u are adding peanuts into yr meal........
Minister : "u better dont eat the peanuts because later u might get stomache, jsut brace on with wat u have"
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Originally posted by deathmaster:
may as well say that government wage increase causes inflation. worker pay rise a few hundred at most. government pay rise also amount in hundreds.... hundreds of Ks.
This I believe it is the pay of the bunch of despots that triggers the inflation. They have no shame to be getting so much when others are struggling to get paid. Getting so much but contribution is down. -
just yesterday, australia govt just enforced a $21per week wage increase across the country for the low income earners and tax relief to help ease the strain that they are facing on the rising cost of living.
so when i read this sharmudamngan's announcement, what a stark contrast!
where's the pap run dogs? lionnnoisy and d-ddy, please post your latest spin here!!
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He could be the most stupid finance minister in the making.
On the otherhand, many more singaporeans are more stupid enought to keep supporting them.
we should bring them to the ground to learn about the basics of politics. that is to serve the ppl not themselves!!
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Originally posted by reyes:
He could be the most stupid finance minister in the making.
On the otherhand, many more singaporeans are more stupid enought to keep supporting them.
we should bring them to the ground to learn about the basics of politics. that is to serve the ppl not themselves!!
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Originally posted by Hwaimeng:
All the minister increaement is at least $2k to $10 and that is increament only not salary.
each minister basic salary is at least $10k and no to mention the basic salary for our minister Mr Lee is around $80k or more per month. and that is his basic only
he still have tons of shars at other company in singapore and tons of $$$ flowing in from all over the world
since when he will ever have the problem of having not enough $$$ to purchase even a rice cooker . thus he will never though how hard its is for his ppl.
he never have experiance ppl like us. even to buy a rice cooker we have to consider long time about spending (- -)... so he will never knwo wat the feeling of poor like
Wow, you think the ministers and the PM earn a basic salary of 10 - 80K a month.
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Originally posted by charlize:
Wow, you think the ministers and the PM earn a basic salary of 10 - 80K a month.
told you to study hard liao. red carpet would have been laid for you -
Originally posted by fishbuff1:
just yesterday, australia govt just enforced a $21per week wage increase across the country for the low income earners and tax relief to help ease the strain that they are facing on the rising cost of living.
so when i read this sharmudamngan's announcement, what a stark contrast!
where's the pap run dogs? lionnnoisy and d-ddy, please post your latest spin here!!
Australia Adds Three Times as Many Jobs as Expected (Update2)
By Victoria Batchelor
July 10 (Bloomberg) -- Australia added three times as many jobs as economists forecast in June as mining companies, led by BHP Billiton Ltd. and Rio Tinto Group, expanded to meet Chinese demand for commodities.
Employers hired 29,800 workers following May's 25,600 decline that ended a record 18 months of job gains, the statistics bureau said in Sydney today. The jobless rate fell to 4.2 percent from 4.3 percent.
The local currency rose on optimism the nation will weather a global slump that has sent New Zealand and the U.K. to the brink of recession. Record exports are underpinning Australia's economy as consumers cut spending in the face of the highest interest rates in 12 years and rising fuel prices.
``This is a clear sign the economy still has life in it, buoyed by a resources boom,'' said Sally Auld, co-head of economics at Australia & New Zealand Banking Group Ltd. in Sydney. ``If it wasn't for mining, Australia's economy could be in as bad shape as New Zealand and the U.K.''
The Australian dollar climbed to 96.92 U.S. cents at 1:07 p.m. in Sydney from 95.55 cents before the report was released. The two-year government bond yield fell to 6.65 percent from 6.69 percent yesterday.
The median estimate of 25 economists surveyed by Bloomberg News was for a 10,000 jobs increase in June.
The number of full-time positions increased 24,000 and part-time jobs rose 5,800. About half of the nation's 21 million people are employed.
IMF Report
The International Monetary Fund said today the strength of the mining industry will add to pressure on consumer prices. The fund said the central bank should be prepared to raise interest rates ``quickly'' if domestic demand doesn't slow enough.
The Reserve Bank of Australia raised its benchmark rate to 7.25 percent in March, the fourth increase since August 2007. Eighteen of 25 economists surveyed on June 30 said the bank will keep borrowing costs unchanged this year as economic growth cools and helps damp the fastest inflation since 1991.
``Today's firm employment report underlines it's premature to be talking about interest-rate cuts, but it doesn't build the case for another increase,'' said Matthew Johnson, senior economist at ICAP Australia Ltd. in Sydney. ``The economy is slowing, so I suspect we'll see soft employment numbers over coming months.''
Reports yesterday showed consumer confidence slumped in July to the lowest level since 1992 and home-loan approvals fell by the most in eight years in May. Those figures sent the Australian dollar to the lowest level in almost three weeks.
Rate Expectations
Traders have assigned 24 percent odds on the Reserve Bank raising its benchmark rate by a quarter point in the next 12 months, according to a Credit Suisse Group index based on trading in interest-rate swaps. The probabilities were 28 percent yesterday and 72 percent a week ago.
Prior to the May jobs decline, employers had added extra workers every month from October 2006, the longest run of gains since the government began publishing monthly figures in 1978. The nation's jobless rate fell to 4 percent in February, the lowest in more than three decades.
Australia, the world's largest shipper of coal, iron ore and wool, may earn 12 percent more this financial year from commodity exports than forecast three months earlier because of higher prices, the government said on June 23.
BHP Billiton, the world's largest mining company, approved a $1.9 billion expansion in May of its Worsley alumina project in Western Australia. Rio Tinto plans to boost output by 26 percent at its Queensland Alumina Ltd. refinery.
Job Cuts
Some companies are shedding workers to cut expenses.
Insurance Australia, an auto and home insurer, announced yesterday it would cut 600 jobs to help lower annual costs by A$130 million. The Sydney-based company also said it will report the first loss in six years and sell businesses in the U.K.
Goodyear Tire & Rubber Co., the U.S.-based tire maker, said last month it will close a Melbourne factory and fire 600 workers.
The participation rate, which measures the labor force as a percentage of the population aged over 15, rose to 65.3 percent in June from 65.2 percent in May, today's report showed.
To contact the reporter on this story: Victoria Batchelor in Sydney at [email protected].
Last Updated: July 9, 2008 23:29 EDT
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Will FTs flock to Australia after learning this?
Can Singapore perform better?
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i think AU is one of the currency that appreciated la.
stupid man, compare SGD with the ever falling USD and say that SGD appreciated.
crap.
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Originally posted by charlize:
Wow, you think the ministers and the PM earn a basic salary of 10 - 80K a month.
then how much would u think they be earning ????tips
our SCDF commissioner in singapore basic is already more than $14k per month
how much would u think our minister/ prime minister would be paid ???
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Either Tharman is evil himself or he is an evil in the human body. This evil is expecting common folks to cope with the inflation with the salary they are getting now. Some low wage workers are having difficulty making ends meet and yet this evil encourages the companies not to raise salary to cope with the inflation caused by the evil PAP.
I believe there will be more crap to come from the evil called Tharman. Very sad that Singapore has a devil Minister of Finance. Calling all those in his constituency, please be kind to yourself, do not vote for him - Tharman.
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Increase GST to help poor people.
Increase wage cannot, will cause inflation.
Something is not right here.
There is something wrong with PAP regime.
It seems they are hell bent to bring down the people.
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Originally posted by Poh Ah Pak:
Increase GST to help poor people.
Increase wage cannot, will cause inflation.
Something is not right here.
There is something wrong with PAP regime.
It seems they are hell bent to bring down the people.
Mr Poh,
Why you so toopid one ?
Increase GST is to help the poor minsters people. Also make sure common people has less money to spend on goods..so demand supply should make price go down.
Increase wage.. means more people can afford goods.. then price will go up...then when price go up... their million lollar can buy less goods, so that means they become poorer.
Like that you no understand meh ?
So they are doing a good job.. they trying to make the price of goods in Singapore DEFLATE.. you understand ?
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Originally posted by Poh Ah Pak:
Increase GST to help poor people.
Increase wage cannot, will cause inflation.
Something is not right here.
There is something wrong with PAP regime.
It seems they are hell bent to bring down the people.
The PM said to increase GST to help the poor and now he is asking the common folks to help the poor. This incapable chap has proven to us again he is really incompetent. Now he is so quiet about what he promises - increase 2% in GST to help the poor. Probably, he has changed his mind about using GST to help the poor but paiseh to let us know so now he is commanding the common folks to help the poor instead.
To help bring down inflation, cut the ministers' pay by 70%, remove GST.
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Originally posted by Fantagf:
The PM said to increase GST to help the poor and now he is asking the common folks to help the poor. This incapable chap has proven to us again he is really incompetent. Now he is so quiet about what he promises - increase 2% in GST to help the poor. Probably, he has changed his mind about using GST to help the poor but paiseh to let us know so now he is commanding the common folks to help the poor instead.
To help bring down inflation, cut the ministers' pay by 70%, remove GST.
Please don't insult my good teacher. I find his theory very intriguing.. very out of this world !
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Originally posted by jojobeach:
Please don't insult my good teacher. I find his theory very intriguing.. very out of this world !
menopausing, extended PMS. -
Originally posted by Fantagf:
menopausing, extended PMS.I warn you hor.. you betta stop insulting me.... I will use the law to subdue your dissent !!
Don't you agree that Tharman is a GENIUS ???? No bardy can ever come up with such an ORIGINAL idea except him !
Now.. he is my HERO.. I worship his ideology !!!
GENIUS !! I want to have his baby !!!!!