Latest pay of World Leaders in USD
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Lee Hsien Loong, Singapore
(Country GDP: $235.6 billion - 2008)Politicians in Singapore are amongst the most highly paid government officials in the world. Lee Hsien Loong, Prime Minister of Singapore earns five times more than the American President. Lee Hsien Loong takes an annual salary of $2.46 million.
Barack Obama, USA
(Country GDP: $13.81 trillion - 2007)Second on the list is the President of the biggest economy of the world with a GDP of $13.81 trillion (2007). President Elect, Barack Obama will be getting an annual salary of $400,000 when he joins office next year.
Kevin Rudd, Australia
(Country GDP: $773 billion - 2007)Third on the list is the Australian Prime Minister, Kevin Rudd with an annual salary of $330,300.
Angela Merkel, Germany
(Country GDP: $2.585 trillion - 2006)The first lady chancellor of Germany, Angela Merkel receives an annual salary of € 242,000 (€ 22000 bonus included) ~ $ 307,340.
Nicolas Sarkozy, France
(Country GDP: $1.871 trillion - 2006)The French President, Nicolas Sarkozy gets an annual salary of € 240,000 ~ $ 304,800. This is after he doubled his salary earlier this year.
Stephen Harper, Canada
(Country GDP: $1.274 trillion - 2007)Stephen Harper, Prime Minister of the seventh largest economy of the world, Canada recieves an annual salary of $280,000.
Gordon Brown, UK
(Country GDP: $2.772 trillion - 2007)
Gordon Brown, Prime Minister of the second biggest economy in Europe and fifth largest in the world receives an annual salary of € 187611 ~ $238,266.
Vladimir Putin, Russia
(Country GDP: $2.076 trillion -2007)
The Russian Prime Minister recieve an annual salary of $81,190, which is significantly less than his counterparts. -
That's why our leaders are gods! They can never be wrong or bad, we must not disagree with them and must trust them unconditionally. Long live almighty!
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They said they made a big sacrifice not to work in the private sector leh. But in reality, our ministers are taking directorship roles in private companies.
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- The Singapore idea is flawed. Please do not adopt it for your own country's sake.
The reason why Singapore needs to give high salaries is because no person of integrity is going to be a "Yes man" to the Father and Son dictatorship.
The side effects of giving high salaries are that:
1. Only "Yes men" are recruited
2. Only greedy men are recruited.
3. Not accountable for major mistakes because high salary is too good to give up.
4. Singapore is run like a company. "Leaders" are well paid executives.
5. "Leaders" spend their time thinking of ways to maximise profits for the company by taxing the people. Heard of TV/Radio licence tax? Yes, you need a licence to own a TV and radio in Singapore.
6. "Leaders" adopting a superior than thou attitude because they are well paid executives of Singapore Inc, not people representatives.
7. "Leaders" getting more greedy because they are used to the high life that their high salaries can afford them and want more. In effect they may be more susceptible to corruption.
7. Artificially inflating GDP growth to justify more pay increases and bonuses. The GDP per capita of USD$30,000 sounds impressive but let me give you an idea of the salaries the average joe is earning. Clerk - USD$800/month/44 hour week. Retail staff - USD$650/month.
NOTE: Singapore have bare minimal state welfare. Old people who cannot work, and have no family gets USD$215 per month and frequently go without electricity and meals. - The Singapore idea is flawed. Please do not adopt it for your own country's sake.
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It takes a lot of brainpower to think up of policies to help the poor.
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this is the N times this topic has been brought up. is there anything new compared to the previous N-1 times it has been brought up?
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if i don't like a topic, I'll just ignore it and then it will die....
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I like the topic, but i was expecting something new, like the PM got another big raise, or the PM cut his salary.
everything looks exactly the same seems... anticlimatic.
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This is an exellent example of Singapore success recipe.
Without the second graph up there, the first graph would have never existed.
Well pay and near-parity of its officials, politicians, and civil servants' renumeration with the private sector, is one of the major tenets of Singapore's success story.
Meat Pao
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Originally posted by Meat Pao:
This is an exellent example of Singapore success recipe.
Without the second graph up there, the first graph would have never existed.
Well pay and near-parity of its officials, politicians, and civil servants' renumeration with the private sector, is one of the major tenets of Singapore's success story.
Meat Pao
Are you drunk or under the influence of hallucinogens?
I swear, you are either very funny or very sarcastic.
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Originally posted by pearlie27:
That's why our leaders are gods! They can never be wrong or bad, we must not disagree with them and must trust them unconditionally. Long live almighty!
LOL!
Governing a small country pays 5 times more than governing the United States hmmmmmm
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Originally posted by maurizio13:
Are you drunk or under the influence of hallucinogens?
I swear, you are either very funny or very sarcastic.
Amazing the lengths that some will go to just to justify and defend the untenable and the unjustifiable.Has the miserable annual progress handouts made us so debilitatingly drunk that cause some to forget the unjustified events from the "second graph" only came about as a result of greedy temptations caused by the "first graph" ?
It seems that the "history of Singapore" is consistently being re-written by those with murky ideas of the past.
Any innocuous statements that attempt to change history must be vigorously slap down - as with this silly suggestion as if the "Second Graph" has existed since the beginning of Singapore, and caused the existence of the "First Graph".
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is it me or is the 1st graph comparing GDP a tad unfair?
i thought a graph comparing GDP per capita is more fair.
singapore 2006 US$31,400
United States 2006 US$44,000
that's more like it.
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Originally posted by skythewood:
is it me or is the 1st graph comparing GDP a tad unfair?
i thought a graph comparing GDP per capita is more fair.
singapore 2006 US$31,400
United States 2006 US$44,000
that's more like it.
US per capita still higher than Singapore's leh.
How?
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GDP per capita doesn't reflect the wealth of every citizen. Look at the gini coeff and u shall know.
Which country is more difficult to manage? Which country has citizens baying for blood all the time? USA or sheep citizens of Singapore?
Come on. If you think you haven't found anything refreshing in this topic, why contribute now? keke Not everyone is like you 24/7, this thread would be good for newcomers to the forum.
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Well pay and near-parity of its officials, politicians, and civil servants' renumeration with the private sector, is one of the major tenets of Singapore's success story.
So if we increase the pay to 10 million, will Singapore perform better?
Now salary annual 2.46 million, Singapore in recession, so according to your logic, we should increase pay to 10 million or 20 million.
Economy will improve.
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So the PM of Singapore is earning 360 times the US president per billion of GDP. If they were on parity of salary, then either the US president should earn 144 million or the SG PM should earn $6,824.
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Originally posted by skythewood:
is it me or is the 1st graph comparing GDP a tad unfair?
i thought a graph comparing GDP per capita is more fair.
singapore 2006 US$31,400
United States 2006 US$44,000
that's more like it.
I think it's acceptable that GDP is used as a comparison, afterall LKY did retort that Singaporeans don't understand proportions and he stated that the Ministerial Salaries was just like a certain percentage points of the total GDP of Singapore. Also makes more sense to see what percentage of the GDP is the Ministerial Salaries.
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Originally posted by charlize:
US per capita still higher than Singapore's leh.
How?
US still better still better loh, it's the truth what. -
Originally posted by maurizio13:
I think it's acceptable that GDP is used as a comparison, afterall LKY did retort that Singaporeans don't understand proportions and he stated that the Ministerial Salaries was just like a certain percentage points of the total GDP of Singapore. Also makes more sense to see what percentage of the GDP is the Ministerial Salaries.
than come up with percentage of ministerial salaries per GDP loh. now is just comparing the wage of one guy against one guy, since LKY says ministerial salaries, than compare all the guys versus all the guys.
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Originally posted by Rock^Star:
GDP per capita doesn't reflect the wealth of every citizen. Look at the gini coeff and u shall know.
Which country is more difficult to manage? Which country has citizens baying for blood all the time? USA or sheep citizens of Singapore?
Come on. If you think you haven't found anything refreshing in this topic, why contribute now? keke Not everyone is like you 24/7, this thread would be good for newcomers to the forum.
US is more difficult to manage. -
money face
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This is singapore .
How to win the LEE family? Many have tried and failed badly.
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Originally posted by Karma88:
This is singapore .
How to win the LEE family? Many have tried and failed badly.
this is the republic of lee kingdom wad. how dare anyone 在他们地盘上撒野 ?
they rule as they please.
