Friday, April 13, 2012
S'pore's incumbent ruling party is addicted to cheap foreign labor. Low tech, low productivity. Rising income inequality = Rising social tensions. When the poor can't afford the hefty medical & hospitalization fees, it doesn't benefit society as a whole since diseases & germs doesn't discriminate the rich from the poor. The well-off face increased risk of catching diseases from the rest of the population.
How great is the eugenics theory(graduate mum give birth more) espoused by a surviving founding father of the country when his grandson is an albino?
Many SMEs are crippled with killer rents (govt is largest landowner) & can hardly afford to mechanize their operations to move up the tech ladder. With businesses becoming uncompetitive the Pro Alien Party opened the floodgates to import hordes of foreign labor to solve the problem it created with their $$ sucking killer rents.
It also benefited them as these generally foreign cheaper workers will boost the govt-linked companies through:
- foreign worker levies
- increased profits for public transport companies
- increased consumption on necessities such as shit paper to wipe assholes, toothpaste to brush teeth etc
- increased consumption of prostitutes services benefiting hotel room businesses
- increased 'victims' for casinos
- + many many others through goods & services tax
Languishing on the lower tech stuff(low productivity) by relying on cheaper foreign labor will eventually result in the same fate as the japanese's equipment being outclassed by the americans. The consequence - mass slaughter (read my Marianas Turkey Shoot Coming to S'pore)