It is true the government has a good reason for maintaining a
high cost of living?
There seems to be a policy adopted some time ago by the government
that is is necessary to implement a high cost of living so that
people will be paying more fees instead of accumulating wealth
which might lead to a lazy workfoce with less people wanting to
work.
In other words, it is a policy about being rich is being poor and
being poor is being rich.
Is that a good policy ?
So under this policy this theory leaders we can suppose that
leaders too should not be paid too much like millions of salaries,
as they would become rich and may not work harder for the
people.
So to have more effective ministers we ought to pay them just
subsistent salaries so that they would continue to work
harder.
Was the secretive Goh Keng Swee doctrine right. Is it a valid
social or economic theory that to be competitive people must not
become rich.
I believe that under that doctrine HDB flats have been priced at a
value to keep population working for 30 years or all their life to
produce a more competitive workforce or economy.
Anyway, let us examine after pricing the HDB flats at such prices
for the last 30 years, have the workers been upgraded or become
more skilled under the Goh Keng Swee doctrine. Or is that another
conceptual "meritocracy" assumption causing thousands of our own
practical talents people to leave the country as quitters?
Whatever happens to the god keng swee doctrine, one cannot really
blame leaders for governing by experiments and assumptions as they
mean to be good and cares to make people working to produce more
incomes.
What a leadership assumption, a first-world economic theory, thanks
to our great vision of leader that being poor is to be rich. No
pain no gain.
