Population woes
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Is the government going to give a choice to the citizens?
i.e. More people prefer a less stressful lifestyle but settle with lesser value added jobs. Never mind we lose higher value jobs to Shanghai. -
We have to be careful of what we ask for, every policy will cut both ways and some will benefit while others will be disadvantaged. Do not think we will be better off if the MNCs decide to pull out of Singapore because of concerns over FT bashing. For some, this is not an issue as they have transferable skills that are valued globally and more so in the emerging markets. For others, they have not have much options.
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WeiHan:
uh-oh i also echo the previous posters comment, be careful what you wish for.. though a lot of people prefer work-life balance over more high falutting jobs, some still prefer the high falutting jobs,Is the government going to give a choice to the citizens?
i.e. More people prefer a less stressful lifestyle but settle with lesser value added jobs. Never mind we lose higher value jobs to Shanghai.
i guess what I am trying to say is for each individual to make up their minds.. if you prefer work-life balance, then be prepared to lose the high falutting jobs to foreigners in your shore.. or workers off-shore..
also have to be cognizant that nations like India are now also facing the social issues you faced decades ago... losing focus on family..and getting too urbanised and stressed...and maybe a few more decades in the future India would also be a favorable place for foreign talents (though as of today, I know most of the regional workers in Singapore who were given short-term assignments in India-- really didnt find it comfortable to settle in India, specially those with kids).. they say it is easier to be a foreigner in Singapore, than become a foreigner in say India, Chine or Philippines (my home country).. so I guess Singapore and Hong Kong, will continue to be an attractive place for foreign workers...
on the other side of the coin Australia and Canada government promoted family first policies.. (Australia offices are closed by 4pm, shopping malls closed by 5 pm)...and you already know what happened to most global companies operating in Australia, they have moved to Singapore.. if Singapore is ready for that transition.. then.. I guess we all just have to be ready for the changes.. and be happy with what ever comes.. -
WeiHan:
Right, lets all be Greece......Is the government going to give a choice to the citizens?
i.e. More people prefer a less stressful lifestyle but settle with lesser value added jobs. Never mind we lose higher value jobs to Shanghai.
This is the most preposterous post in this thread yet. Guess what happens to the young unemployed persons in low-growth countries?
Hint: It involves buying a plane ticket. I'm sure more people prefer that. -
After we spend all out effort and energy to educate our young, then we tell them, forget about competing for high value jobs, here in Singapore, we only want the easy lifestyle.
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3Boys:
Greece's problem is very different. Theirs is due to over spending through budget deficit on social program. Ours is fighting to be the top few but in the process sacrificing on quality of living and a markedly higher stress level.
Right, lets all be Greece......WeiHan:
Is the government going to give a choice to the citizens?
i.e. More people prefer a less stressful lifestyle but settle with lesser value added jobs. Never mind we lose higher value jobs to Shanghai.
This is the most preposterous post in this thread yet. Guess what happens to the young unemployed persons in low-growth countries?
Hint: It involves buying a plane ticket. I'm sure more people prefer that. -
WeiHan:
Greece's problem is very different. Theirs is due to over spending through budget deficit on social program. Ours is fighting to be the top few but in the process sacrificing on quality of living and a markedly higher stress level.[/quote]
Right, lets all be Greece......3Boys:
[quote=\"WeiHan\"]Is the government going to give a choice to the citizens?
i.e. More people prefer a less stressful lifestyle but settle with lesser value added jobs. Never mind we lose higher value jobs to Shanghai.
This is the most preposterous post in this thread yet. Guess what happens to the young unemployed persons in low-growth countries?
Hint: It involves buying a plane ticket. I'm sure more people prefer that.
And how do you easily avoid deficit spending if you don't have a competitive economy that brings revenue to the coffers? Greece has a rigid economic system and labour laws, exactly what some people are proposing we adopt. -
WeiHan:
Greece's problem is very different. Theirs is due to over spending through budget deficit on social program. Ours is fighting to be the top few but in the process sacrificing on quality of living and a markedly higher stress level.[/quote]
Right, lets all be Greece......3Boys:
[quote=\"WeiHan\"]Is the government going to give a choice to the citizens?
i.e. More people prefer a less stressful lifestyle but settle with lesser value added jobs. Never mind we lose higher value jobs to Shanghai.
This is the most preposterous post in this thread yet. Guess what happens to the young unemployed persons in low-growth countries?
Hint: It involves buying a plane ticket. I'm sure more people prefer that.
And how do you easily avoid deficit spending if you don't have a competitive economy that brings revenue to the coffers? Greece has a rigid economic system and labour laws, exactly what some people are proposing we adopt. -
Over spending = Budget deficit
Easy life style = people with lesser income (= Pay lesser taxes) = but increasingly rely on social program = gov struggle to manage the budget deficit = Snowball = Another-Greece-in-making
(…every choice has it’s price… all it takes is 15 to 20 years!!) -
If I may add, a chief source of Greek pain is the uncompetitiveness of it’s economy. Yes, they have high debt, but then so do many other countries. The point is they have 25% unemployment because they don’t have the industries to compete with the rest of Europe. Overspending and debt then brings it crashing down. A competitive economy can work off high debt, an uncooperative one just stays unemployed.
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