You beat me to it!
I was going to post this next! 
And, you're absolutely right! Brace yourself for more foreign
workers! Someday, it will no longer be easy for the govt to assure
us that they are not depriving us of our jobs because they will no
longer be here just for blue-collar jobs that our locals shun, but
they will compete with us for the white-collar jobs too! Just wait
and see... it will happen.
And then, when that time comes, there will be another
decrease-the-CPF-Employer-Contribution-Rate exercise.

And then, there will be some productivity campaign to hopefully
'boost the morale' of the general populace (like who cares about
productivity when you're focusing on bread-and-butter
issues?!)...
And then, they're gonna have some massive propaganda exercise to
encourage Singaporeans to tighten their belts and weather the
stormy seas as one, just work hard and not be so demanding when it
comes to remuneration, whilst they continue to be comfortable on
their peanuts pay...
And in the meantime, you'll be reminded of how much the govt is
doing for you, so that hopefully, it'll take your mind off how much
they are NOT doing...
