1) Are you all jealous
of the rich people money thats why some of you are trying to ask
for government intervention to increase your pay so you can be on
par with them? Sorry if this has offended anyone of you,
this is what I have observed from some post where some people are
pretty upset at rich people.
These rich people can be rich is because they know how to
manipulate the laws and policies, and most importantly, they know
how to save and not think only for short term luxury. If the common
people in the streets like us can adhere to such habits, you would
be surprise at how rich you are.
2) And many people
living in pigeon hole HDB flats are quite well off. Just that they
don't flaunt their wealth or waste on buying huge
property. These people definitely didn't get rich by
bugging the government to set a minimum wage in their
job.
Social unrest if through material wealth have to be seen
accordingly. If the person is paid unjustifiably, such as being
paid $2 per hour, then that person has a reason to be unhappy.
However, if that person is feeling sore because he/ she is earning
that miserable $3000 per month, while others who are in a higher
post through hard work are earning $12000, then what can the
government do? Push him up artificially to sit at some major
position to earn that amount?
If you are the boss, would you want to have minimum wage? Would
you want to pay someone $2500 to do filing and basic admin work? I
for one, would not want.
1) Yes yes, Jealous of the rich we are.
2) Each time I buy and sell property I earn $100k aud minus all
other costs. I do that once every 1-2 years. Singapore's property
market even better since Stamp Duty is alot lower. My mom was
retired at the age of 31. Go figure.
3) Minimum won't get me rich ... it just helps the poor.
Kind Regards
Genie