An honorable member of the Coffee Shop Has Just Posted the Following:
Recently PM said the problems S’pore were facing were the results of success*. Here I asked: Success what success? Real wages grew by only 0.4% while GDP grew by 5.9% . while the prices of public housing apartments went up in a recession.
Meanwhile, many new media warriors (posters on TRE; Heart Truths, near relation to Hard Truths; Han Hui Hui, an FT turned new citizen, who is proof that the Bumis in M’sia are right not to trust the local Cina: Uncle Chua etc) are always full of how hard life is for the average S’porean.
This so-called suffering doesn’t chime with what I observe in shopping malls, restaurants, or even hawkers’ centres or coffee shops, or what my friends, relations or biz connections tell me: S’poreans are feeling more confident of confident of their prospects, and hence are spending more. Note, I’m not saying that there are no S’poreans suffering, but I take issue that the majority of S’poreans are suffering.
Well a recent Nielsen survey** of 501 S’poreans seems to
http://atans1.wordpress.com/2014/05/...nsumer-survey/
Click here to view the whole thread at www.sammyboy.com.
06-05-2014, 04:40 PM
Who is right? PM? Heart Truths? Consumer survey?
