Population woes
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mamago:
If the SME is capable, it will be able to survive via effective and efficient system via use of technology etc..Do you know how many SMEs will fail, if the gov adopt this policy?
Do you know what's the percentage of the SMEs contribution to Spore's economy?
Do you know every successful business were all started as SME, to begin with?
If it can't, then it should make way for those that can. btw, I'm referring to construction sector, not service.
Look around you.. if you happen to pass by construction sites..
Do you often see one person work and 5 person eye power? Do they really need so many workers in the first place?
That, is very poor management. But they could afford it.. bcoz labor is cheap.
If labor is controlled and they hire less but more skilled workers, they would be motivated to plan more carefully to reduce wastage of resources. And the society as a whole would benefit. -
limlim:
mamago:
Don't kill the goose just for the eggs... 杀鹅取卵.
There is no golden eggs to start with.. the goose eat too much for the returns that it is able to produce..
You are already enjoying it.... only you haven't come to realised it... If the reverse ever happened, maybe you'll realize that what you are having now, it's not a bad deal, after all... -
mamago:
limlim:
[quote=\"mamago\"]Don't kill the goose just for the eggs... 杀鹅取卵.
There is no golden eggs to start with.. the goose eat too much for the returns that it is able to produce..
You are already enjoying it.... only you haven't come to realised it... If the reverse ever happened, maybe you'll realize that what you are having now, it's not a bad deal, after all...[/quote]I feel most Singaporeans are happier in the first few decades of independence pre-2000.. than the last 10 years with mass influx of immigrants.
We could have it better. -
limlim:
WHY introduce GST? GST is to discourage spending.. I remember that was one of the reasons given. If spending is good, WHY discourage it? weird.. isn't it?
GST? Bcos the aging population, the pool of tax payers are getting smaller, by the year of 2065, there will be 6:10... GST is to broaden the tax base, the running of a gov, the public services etc, needs money to run...
Now, GST is a good policy! The FT, FW, FDW, PR... whoever spends, pays GST. Fair tax system? No? -
The French gov, The Great Britain, the Spain etc... their current economy state are something for us to learn.
Their VAT is as high as 16.5% and high income taxes, why are their gov still so poor? Their economy is not thriving, their jobless rate are high.
WHY?
(Their workers unions are too strong! They protest, they protect, they eliminate the FT and FW!)
No more FT, FW and so on, so they thought they would have all the jobs and prosperities to themselves? Sadly, the result is the opposite! -
mamago:
They can introduce income tax for the F whatever.. no?limlim:
WHY introduce GST? GST is to discourage spending.. I remember that was one of the reasons given. If spending is good, WHY discourage it? weird.. isn't it?
GST? Bcos the aging population, the pool of tax payers are getting smaller, by the year of 2065, there will be 6:10... GST is to broaden the tax base, the running of a gov, the public services etc, needs money to run...
Now, GST is a good policy! The FT, FW, FDW, PR... whoever spends, pays GST. Fair tax system? No? -
limlim:
Actually you are missing the big picture. The PMET FTs you are referring to are actually in jobs that are the easiest to export, ie white collar jobs in offices, usually involving a computer. Our PMETs will face those competition, whether the FTs are stationed in Singapore or overseas. The difference is that if they are stationed overseas because the entire operation or department is outsourced there, the Singapore jobs in those operations and departments will also go *poof*.You totally missed the BIG picture..
Why do we need some many providers? Because of the increase in demand. Why the increase in demand? becasue of the influx of FTs!
Anyway, for many years Singapore have been relying on FW.. I feel there is no issue with FW.. we need them to fill the void that locals doesn't want to do.
The problem is the recent influx of FTs, PMETs, competing with locals for many things.
FTs contribute to demand for service at restaurants, transport, HDB flats, queue at clinics, handyman services, FDW etc.. NOT the FWs.
With less \"FT\", there will be less competitions.. And less overcrowding.
Don't mixed up the two. One is a necessity.. The other? creating business for rich businessman and lower operating cost for rich bosses.
It's the peasants who will suffer.
The world is developing where it is getting really scary what can be done remotely. Most back office functions can already be outsourced. Ironically, those functions that are most difficult to outsource are those that involve blue collar work or dealing directly with customers - the ones being done by FWs.
Think for a moment FTs in which sector you want out of Singapore. Banking? IT? Accountancy? Sales? Design? Creative? Medicine? Research? Law? Engineering? Architecture? Education? F&B?
Edit: stupid quote tags -
Whatever the problem the whatever govt that you mentioned are facing…
it may not be due to control of FT… You’re just jumping to assumption. -
pirate:
Your initial point is the workers are to satisfy the demand.
Actually you are missing the big picture. The PMET FTs you are referring to are actually in jobs that are the easiest to export, ie white collar jobs in offices, usually involving a computer. Our PMETs will face those competition, whether the FTs are stationed in Singapore or overseas. The difference is that if they are stationed overseas because the entire operation or department is outsourced there, the Singapore jobs in those operations and departments will also go *poof*.limlim:
You totally missed the BIG picture..
Why do we need some many providers? Because of the increase in demand. Why the increase in demand? becasue of the influx of FTs!
Anyway, for many years Singapore have been relying on FW.. I feel there is no issue with FW.. we need them to fill the void that locals doesn't want to do.
The problem is the recent influx of FTs, PMETs, competing with locals for many things.
FTs contribute to demand for service at restaurants, transport, HDB flats, queue at clinics, handyman services, FDW etc.. NOT the FWs.
With less \"FT\", there will be less competitions.. And less overcrowding.
Don't mixed up the two. One is a necessity.. The other? creating business for rich businessman and lower operating cost for rich bosses.
It's the peasants who will suffer.
The world is developing where it is getting really scary what can be done remotely. Most back office functions can already be outsourced. Ironically, those functions that are most difficult to outsource are those that involve blue collar work or dealing directly with customers - the ones being done by FWs.
Think for a moment FTs in which sector you want out of Singapore. Banking? IT? Accountancy? Sales? Design? Creative? Medicine? Research? Law? Engineering? Architecture? Education? F&B?
The picture that I'm talking about is that most of the demand are created by the FTs themselves.
Now if you're talking about the need for so MANY FTs..
Those are the message that 154 have been selling.. I don't buy that.
If the companies want to shift, they will shift. If they choose to remain there, they will have their reasons (no natural disaster, stable etc....).
Of course, you're free to choose what to believe in.
I don't believe we really need so many imported PMETs. -
limlim:
They can introduce income tax for the F whatever.. no?[/quote]Yes, that's right. Besides GST, there are various kind of taxes and levy and duty payable by FTs, FWs, FDWs and PRs.mamago:
[quote=\"limlim\"]
WHY introduce GST? GST is to discourage spending.. I remember that was one of the reasons given. If spending is good, WHY discourage it? weird.. isn't it?
GST? Bcos the aging population, the pool of tax payers are getting smaller, by the year of 2065, there will be 6:10... GST is to broaden the tax base, the running of a gov, the public services etc, needs money to run...
Now, GST is a good policy! The FT, FW, FDW, PR... whoever spends, pays GST. Fair tax system? No?
PRs/ FTs pay Income Tax and Corporate Tax. (CPF, too)
FWs/FDWs pay FW levy, no minimum income taxable bracket; all liable.
Now, some may claim that it's the employers that pay the worker's levy for the FW/FDW; which is not true. 羊毛出自羊身上.
(since I am an employer of FDWs, let me explain the FDW's levy)
HK's FDW draw a minimum monthly wage of approx HK$4000 (S$650), but pay no levy. In Spore, we pay levy, S$265 monthly (for PR employers), on behalf of our FDWs; thus their minimum salary is lowered to S$420-S$450. The FDWs pay higher taxes than many locals. But, are we complaining?
(The fact is that we are losing all the experienced FDWs to HK and Taiwan's market.)
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