Saturday, July 31, 2010

Singapore GDP

Read this article.

My view
In the past, Singaporeans rejoice when the economy performs well. The reaction now is quite different - people do not feel that the GDP growth has benefited them.
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3 comments:

Lye Khuen Way said...

Agree ! Interesting that this article is from our neighour. No, I am not questioning the sincerity or accuracy of the anaylsis. I am instead, wondering why ST has no write up, either by the editors or their journalists on this perception.

And yes, I am sure the only segments of the population that would rejoice are those in the Civil Service and Government.

July 31, 2010 5:20 PM
Tan Kin Lian said...

The journalist Seah Cheang Nee is a Singaporean, living in Singapore and a former newspaper editor. He now writes regularly for The Star Online.

July 31, 2010 6:01 PM
Old Woman said...

Are we better off with the higher GDP?
Answer, refer to the few only:
- interest rate for our saving account is still less than 1%.
- people at age above 45 years old is still difficult to secure a permanent job.
- cost of living go higher and higher.

July 31, 2010 6:07 PM

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