Originally posted by charlize:So instead of 1 person producing 2 units of GDP, we have 10 persons producing 4 units of GDP.
GDP increases but average productivity per person drops.
i think lizzie just explained everything in that simple example...
since GDP went up, they can say that "economy has grown" then they pay themselves a huge bonus
As far as I am concerned, all the shit talking doesnt solve any problem.
What is the reason people are having little babies? It's the high cost of living.
Is the government doing anything to sovle it? Obviously not. They just continue siphoning monies from the common folks and live the high life. Then when population decrease, they blame it on the commoners not having enough babies, personal lifestyle choices when they didnt consider that costs of living is a factor.
Then u have all these foreigners coming in as compeition making looking for jobs difficult. So either way, Singaporeans are doomed.
Look at the swiss, why is it growing (albeit slowly) despite it being very hard for foreigners to come in? They are renumerated fairly well for them to enjoy time with family and have children to support the economy
Originally posted by motoway:As far as I am concerned, all the shit talking doesnt solve any problem.
What is the reason people are having little babies? It's the high cost of living.
Is the government doing anything to sovle it? Obviously not. They just continue siphoning monies from the common folks and live the high life. Then when population decrease, they blame it on the commoners not having enough babies, personal lifestyle choices when they didnt consider that costs of living is a factor.
Then u have all these foreigners coming in as compeition making looking for jobs difficult. So either way, Singaporeans are doomed.
Look at the swiss, why is it growing (albeit slowly) despite it being very hard for foreigners to come in? They are renumerated fairly well for them to enjoy time with family and have children to support the economy
They bring in 4 or more foreigners so that this group can produce 1 baby.
That's like their productivity/GDP strategy.
Bring in 4 person to produce 1 unit of GDP.
Times are bad.