Root cause of all the ageing population problems

robertteh SG

Do you know the root cause why people are suffering dropping wages and diminishing CPF ?

Is it because of globalization or people squandering their monies with unwise use of their cpf as often presented by the government?

Just common sense. The root cause is not difficult to find. The government has promised to restructure the economy for years to value-adding technology driven model but what has happened? Obviously there is a lack of practical implementation master minds or talents.

All that the government has done is talk only with very little talents who could implement their talks.

At the same time it has continuously jacked up costs of living by all kinds of direct and indirect taxes with overcharging of citizens on land costs by themselves and all their GLCs and loading of their own hyper-salaries and that of the whole of public service which today is much too high as compared with private sector equivalents.

Now the whole system so created by MM Lee himself due to years of relentlessly wrong policies cannot be sustained by the economy, that is why.

It is a double whammy with wrong policies and failure in economic restructuring on the one hand worsened by over-charging the people with direct and indirect taxing on the other.

Such two sided squeeze has caused stagnation of the domestic economy for years now without admission of problems.

Under such circumstance salaries cannot grow and property stagnated for years wiping out large chunks of their cpf and savings.

Do you know now why people have not enough saving or cpf because of wrong policies for years without change.

Read again today's radio 95.8 listeners' call-in feedbacks on why many ordinary people are not doing well. Most listeners are giving the feedback that the relentless cost push-up by government for years has been the principal cause for many people being unable to maintain their household expenditure not to mention inability to look after their ageing parents.

royston_ang SG

To the gov, all Singaporeans are complete fool who don't know how to save and will squander away all their cpf as soon as they get their hand on the money (never mind the fact the most Singaporeans are educated). Rolling Eyes

laurence82 SG

Its an excuse for govt to hold onto the money

LazerLordz SG

The root cause can also be derived from a consistent inability by the government to realise that they have to shoulder an equitable portion of the burden faced by the elderly and the retired.

It is an ideological problem, which they have not yet realised. They talk of pragmatism all the time, failing to see that they have adopted certain views on certain issues that are often too inflexible.

Some realities are fixed, and non-negotiable. The role of the government to care for the elderly is one of them..

The earlier they recognise this truth, the better for us all.

HyperFocal SG

All these 'theories', 'observations', 'clever deductions' and 'assumptions', without solid proof are NOT going to pull down the Old Oak Tree...

Don't forget, the Law and Judicial System here is tailored by them, for them.

So... only option left is fly the coop, and leave the changing to the blinded foreigners who become New Citizens here...

ispyyy SG

The root cause of all the ageing population problems are because humans aged...

de_middle SG

now we dun even need the "stop at 2" policy Laughing

can't imagine they still don't get the picture

eagle SG

so that you have to contend yourself in a smaller place, go out on the streets less often, go to work more often, and thus Singapore will be able to accodomate >6.5 mil population in the future

sunnytv SG

6.5 mil pple will age oso, how? Increase another 6.5 mil to make it 13 mil better. Laughing