18 Mar '11, 1pm

In my last article (here), I gave readers a sense of our minister wages in actual dollars. I apologize if you...

In my last article (here), I gave readers a sense of our minister wages in actual dollars. I apologize if you...

In a good year, even if every minister does nothing, the GDP would go up. In a bad economy, a government would typically pump money to stimulate it. That act in itself would contribute to the increase in GDP. In Singapore when GDP does go down during a recession, our ministers still get their 16 months fixed pay. All they would miss are their bonuses for the year. When the economy recovers, they would recoup everything and then some. Compare this to their commercial counterparts who, in a recession, may lose more than just their bonuses. Their entire investments and livelihoods could be wiped out. Our ministers share only the benefits that businesspeople in the private sector reap, not the risks and consequences that they face. Is this why the Government wanted to build the casinos so badly? Is this why they are so motivated to keep foreign workers coming in? The logic get...

Full article: http://www.yoursdp.org/index.php/news/singapore/4673--har...

Tweets

Hard Truths: Doubts over e-book download: By Chua Hian Hou WEBSITES offering downloads of a new book based on in...

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straitstimes.com 10 Mar '11, 3am

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sg.news.yahoo.com 19 Mar '11, 4am

Thailand' s prime minister has comfortably survived a no-confidence vote in parliament ahead of elections planned for late...