Sunday, April 15, 2012

We need to raise wages and reduce the income gap

Lucky Tan made a strong argument in support of Professor Lim Chong Yah
http://singaporemind.blogspot.com/2012/04/breaking-out-from-cycle-of-cheap-labor_15.html




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1 comment:

  1. C H YakApril 16, 2012 1:46 PM

    @"Wage shock therapy ‘very risky’: Lim Swee Say"

    This is also very risky ..... you can work with high productivity with wages stagnated for another 3 more years and still lose your jobs before the end of 3 years period ... LOL. What is not risky? For me, if I make just $1M in one year with half the bonus of (6 + 6 mths)...I will waive the 13mth + 1.5 mth AVS or donate it to a "not risky" charity... just for working to tell you all what is "very risky". LOL.

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