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18-01-2015, 03:00 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Yesterday 06:16 PM http://sgtalk.org/mybb/images/mobile/posted_1.gif Post: #1 (http://sgtalk.org/mybb/Thread-PM-Lee-Cost-of-living-complaints-due-to-pple-demanding-higher-lifestyle?pid=914078#pid914078) sgbuffett (http://sgtalk.org/mybb/User-sgbuffett) http://sgtalk.org/mybb/images/buddy_offline.gif
Elite Member
http://sgtalk.org/mybb/uploads/avatars/avatar_8797.jpg?dateline=1388052164 (http://sgtalk.org/mybb/User-sgbuffett)
Posts: 9,616
Reputation: 35 (http://sgtalk.org/mybb/reputation.php?uid=8797) Gee I thought the complaints about cost of living is due to cost of living rising. But according to PM Lee it is due to people demanding better lifestyle....here are the extracts from the interview.
__________________
"In 1984, when I entered politics, nobody brought up the issue of cost of living. At that time, people were a lot less well-off than the people now, but nobody really felt they didn't have enough money. Or at least, they did not view this as the most important issue of their lives. This was because everyone believed their lives will improve and tomorrow will be better as long as they continued to work hard.
"Right now, our lives have indeed improved, and this applies even for low-income families. They live in better environments and their children have more opportunities to get a good education. But everyone still feels they don't have enough money. Why is that so? This isn't just a statistical problem and it also isn't just about the Consumer Price Index.
"This is about different lifestyles and people's aspirations. It's about people seeing what the average standard of living should be and everyone aspiring towards that. It'sabout them feeling the need to accomplish what they want in life and yet feeling that they can't because they don't have enough money. So they think they have a problem with the cost of living. It's not easy to solve."
PM Lee on his achievements and regrets, after a decade at the helm - Channel NewsAsia
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?198273-Ass-Loon-Cost-of-living-complaints-due-to-SGs-demanding-better-lifestyle-TRUE&goto=newpost).
Yesterday 06:16 PM http://sgtalk.org/mybb/images/mobile/posted_1.gif Post: #1 (http://sgtalk.org/mybb/Thread-PM-Lee-Cost-of-living-complaints-due-to-pple-demanding-higher-lifestyle?pid=914078#pid914078) sgbuffett (http://sgtalk.org/mybb/User-sgbuffett) http://sgtalk.org/mybb/images/buddy_offline.gif
Elite Member
http://sgtalk.org/mybb/uploads/avatars/avatar_8797.jpg?dateline=1388052164 (http://sgtalk.org/mybb/User-sgbuffett)
Posts: 9,616
Reputation: 35 (http://sgtalk.org/mybb/reputation.php?uid=8797) Gee I thought the complaints about cost of living is due to cost of living rising. But according to PM Lee it is due to people demanding better lifestyle....here are the extracts from the interview.
__________________
"In 1984, when I entered politics, nobody brought up the issue of cost of living. At that time, people were a lot less well-off than the people now, but nobody really felt they didn't have enough money. Or at least, they did not view this as the most important issue of their lives. This was because everyone believed their lives will improve and tomorrow will be better as long as they continued to work hard.
"Right now, our lives have indeed improved, and this applies even for low-income families. They live in better environments and their children have more opportunities to get a good education. But everyone still feels they don't have enough money. Why is that so? This isn't just a statistical problem and it also isn't just about the Consumer Price Index.
"This is about different lifestyles and people's aspirations. It's about people seeing what the average standard of living should be and everyone aspiring towards that. It'sabout them feeling the need to accomplish what they want in life and yet feeling that they can't because they don't have enough money. So they think they have a problem with the cost of living. It's not easy to solve."
PM Lee on his achievements and regrets, after a decade at the helm - Channel NewsAsia
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?198273-Ass-Loon-Cost-of-living-complaints-due-to-SGs-demanding-better-lifestyle-TRUE&goto=newpost).