Tuesday, March 06, 2012

Test of economic fairness

Quote: Obama's test of economic fairness is whether a person working hard at a full time job is able to set up a family, send his children to college and retire properly. I think Singapore fails this test miserably - a large segment of our population will not have enough to retire properly based on the number that will not be able to accumulate the minimum sum by retirement age[how many will have $131K by age 55] and the large number on workfare [Link] people who don't even make enough for basic living.



http://singaporemind.blogspot.com/2012/01/obamas-2012-state-of-union-address.html

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