Thursday, January 14, 2010

I briefly entertained the idea of becoming a physiotherapist but this particular thought passed away on the very day it was born. I am not adverse to the career per se, but looking at the salary deflated my idealism and I realized that 4 years in OZ will destroy my social life for good.

The debate about foreign workers in Singapore has been going on for quite some time. The battleline seemed to be drawn: high-flying government official on one side and broken-english-speaking, whiny netizen on the other.

Despite the proponents' best effort, I still do not see how introduction of foreign talent actually benefited ordinary Singaporean. Their entry into Singapore depressed our wage level and thus workers who do not have good qualifications experienced lower real income. The ~6% annual GDP growth is rather 'paper', seeing that the extra income accrue to businessman who benefit from lower operating cost and from the income of the new citizens/PR. Middle/lower income group do not experience the same increase in wage. Had new citizens not entered at such a high rate, perhaps we won't publish such high GDP numbers but the existing citizens will not be much worse off from now.

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