there are things we've to learn w/ it
it's also crazy to say raise wages because ppl now are getting
harder to live on... the biz are also affected by rising operation
cost due to oil
Japan? it's neighbours are slowly catching up, esp Korea... and
actually esp the automobile ind, it's alrdy been outsourced to PRC,
India & Thailand
of course, cost is rising everywhere ... but many of these
factors can be controlled ... take rising land and rental costs for
example ... know why it's rising so fast ? ... cos big foreign
consortiums and private buyers are able to enter the market at
will, inflating prices ... and now the goverment comes up with this
hare-brained "built-to-order" flats idea and now we have HDB flats
that costs 3/4 of a million ....
the simplistic argument would be to say, we have to suck it up,
cos economics say that it's there's nothing to be done .... for of
course we can't raise wages cos the costs are beyond our control
...
but we forget that the public transport monopolices posts a
profit year after year, while they adjust fares upwards due to
"rising oil prices"... we forget that our flats are costing a
little bit more every year, cos HDB has been corporatized, we
forget that GST was inched upwards at a time when many people are
already feeling the pinch from rising prices .....
really, it's not about the global economy we're talking about
here, but about the way we're being governed ! ...
