Monday, June 27, 2011

CPF Cut

http://singstatistician.blogspot.com/2011/06/dr-tony-tan-used-funny-numbers-of.html

By now, many Singaporeans are used to seeing PAP Ministers using “funny” numbers to try and defend the indefensible. For example when Mr Mah Bow Tan was still Minister Mah Bow Tan, he used to deluge us with all sorts of strange statistics to show that HDB flats were “affordable”. 


Similarly when Mr Raymond Lim was Minister Raymond Lim, he used to show us surveys of  how happy all of us were with public transport.

If you wind back the clock to 2003, we can see that Dr Tony Tan also used “funny” numbers to try and fool Singaporeans. Back then, the PAP had wanted to cut the Employer CPF contribution. To justify this, Dr Tony Tan quoted a PERC study which showed that wages in Singapore were supposedly higher than the US and Australia !

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