S'pore rich poor gap clearly widening....

[JX83]

I think it is not totally true but the mindset. If you think you are poor and remain collecting salary rather than doing something to earn more.

 

Society will not tolerate or give rooms to such people to be successful.

 

In other countries, the gap is more wider and impossible to catch up. For Singapore, everything is fair as long as you work hard, you will be rich in no time.

 

Therefore most of the foreigners came to our land to strive for opportunity.

 

It's true everybody will know this logic but did u know that not everything or everywhere u work hard u will be rich.. There are ppl who work very hard but still can't be rich.. This saying is always true the rich become richer, poor become poorer..

[Jman888]

you forgot to include the no. of times people go holiday a year, branded goods, latest techonolgy, the no. of cars per household, etc

 

 

And $6000 tuition fee per month for sec student

[Without_a_car]

You have stats that basically says systematic class warfare has been wage on the middle income, resulting in wage stagnation adjusted for inflation.

[Ehchang8]

Speaking of income-gap in Singapore, a recent report showed that even though Singaporeans are actively participating in many charities, mostly through monetary donations, we are not even close to the global average. What does it say about our society ?

 

it say we are not as rich as other society, taking cost of living into consideration.

 

[Without_a_car]

I think it is not totally true but the mindset. If you think you are poor and remain collecting salary rather than doing something to earn more.

 

Society will not tolerate or give rooms to such people to be successful.

 

In other countries, the gap is more wider and impossible to catch up. For Singapore, everything is fair as long as you work hard, you will be rich in no time.

 

Therefore most of the foreigners came to our land to strive for opportunity.

 

Nobody is begruding those with entrepeniual spirited people from becoming rich. But when policy implemented only benefits the top 10% of the income strata, obviously the policy are flawed.

 

Rich and poor divide will always exsists, but you don't need to implement policy that accelerates the income gap.

 

The foreigners come here in all honesty to expolit the exchange rate difference, nothing more.

Edited March 17, 2012 by Without_a_car

[JustGoodTrades]

Not sure about Africa, but Singapore is one of the top countries with wide income divide. In some first world countries, the division of weath is much better.

 

In Germany for instant, the pay for the higher management compare to normal worker isnt as wide as say SInagpore or China, or the US of A. They believed in a more balance distribution of wages, & most people take higher appointment due to personal interest & ambition than purely for wages increase.

 

Even normal wage earners can have a good quality of living. In my view, this is much better.

 

They can all have a beer, have fun or visit each other homes without feeling out of place due to income divide between the higher management & production worker.

 

Of course the super rich is another story.

 

In Singapore, there is this 'elite vs pleasant' culture, which is very bad imo, where selected few 'elites' are pay very huge sum of money, & bonuses, while 'presants' must be cheaper, better, faster, & pay very low rates & minimum bonuses.

 

There is BIG difference between quality of lives within even same working environment within a company in Singapore.

 

Not sure about Germany cos it didn't catch my attention when I was read somewhere last year saying that Singapore is No.2 in terms of this Rich-Poor-Gap, right behind Hong Kong, for developed nations.

 

So we are the 2nd best or 2nd worst, depending on which side of see-saw you are on....

[Rubbishman]

Of coz the gap is widening very very wide.

 

I see lots of SKE porsches and mercs whereas I am stuck with my 06 mits.

 

Private property change hands with record prices whereas I am stuck with a 29 year loan for my HDB.

[Old-driver]

Thats why the rich gets richer and the poor gets poorer :angry:

[Tigerwoods]

Of coz the gap is widening very very wide.

 

I see lots of SKE porsches and mercs whereas I am stuck with my 06 mits.

 

Private property change hands with record prices whereas I am stuck with a 29 year loan for my HDB.

See lah never listen to your parent to study hard.

Never join papa to be MP....

[Without_a_car]

See lah never listen to your parent to study hard.

Never join papa to be MP....

 

You mean like TPL, wear the right color, marry the right husband?

[Tigerwoods]

You mean like TPL, wear the right color, marry the right husband?

yah loh she now go $15k/mth to splurge.

Study hard, wear white, network, talk smart, get spotted, go under coat tails of big shot, show concern, shake hands (after that secretly wash hand), exercise by walking in age-dee-bee staircases, give speech to small crowd,

 

life of luxury awaits.

 

start training your kids to walk this proven path of success.

[Throttle2]

yah loh she now go $15k/mth to splurge.

Study hard, wear white, network, talk smart, get spotted, go under coat tails of big shot, show concern, shake hands (after that secretly wash hand), exercise by walking in age-dee-bee staircases, give speech to small crowd,

 

life of luxury awaits.

 

start training your kids to walk this proven path of success.

Thats far from success in my books....

[Kiadaw]

Nobody is begruding those with entrepeniual spirited people from becoming rich. But when policy implemented only benefits the top 10% of the income strata, obviously the policy are flawed.

 

Rich and poor divide will always exsists, but you don't need to implement policy that accelerates the income gap.

 

The foreigners come here in all honesty to expolit the exchange rate difference, nothing more.

If people make money for legitimate means through their business or something, no one will have a problem.

 

But the problems arises when people become rich at the expense of others. Properties is one such examples, where the rich gets richer by buy selling multiple properties at inflated rates in Singapore, while the poor struggle to finance a place to stay due to same inflated rates of housing.

 

Also, even withing same organisation, you have companies that pay very low rages to the common workers, or even retrench stuff to trim operation cost, yet pay the top executives huge bonuses & salaries! Its like filling food to few tables that is already full, but leave other tables with barely sufficient food.t

 

I do not contested that top level should be paid more, but the distribution of salaries & bonuses can be better.

[Blueblack]

time for revolution

[Without_a_car]

If people make money for legitimate means through their business or something, no one will have a problem.

 

But the problems arises when people become rich at the expense of others. Properties is one such examples, where the rich gets richer by buy selling multiple properties at inflated rates in Singapore, while the poor struggle to finance a place to stay due to same inflated rates of housing.

 

Also, even withing same organisation, you have companies that pay very low rages to the common workers, or even retrench stuff to trim operation cost, yet pay the top executives huge bonuses & salaries! Its like filling food to few tables that is already full, but leave other tables with barely sufficient food.t

 

I do not contested that top level should be paid more, but the distribution of salaries & bonuses can be better.

 

which you think is more effective, paying equitable wages so or give those with $1000 household income $60,000 housing grant to buy $100k 2 room flat?

[Interlock]

This gap is happening in all developed or developing countries, and i think there is a need to have such a wide gap.

 

This will keep the economy and its countries people motivated to strive harder for survival.

 

Imagine everyone have average income and the gap is very narrow, who will work hard since they will get what they want easily?

 

What we should worried is that the younger generation is lacking of enterpreneurship and guts to take up risk. Soon they will be follower and not leader.

 

This will make foreginers take over us completely.

 

[Without_a_car]

This gap is happening in all developed or developing countries, and i think there is a need to have such a wide gap.

 

This will keep the economy and its countries people motivated to strive harder for survival.

 

Imagine everyone have average income and the gap is very narrow, who will work hard since they will get what they want easily?

 

What we should worried is that the younger generation is lacking of enterpreneurship and guts to take up risk. Soon they will be follower and not leader.

 

This will make foreginers take over us completely.

 

you business owner or salaried man?

[Skunk]

But the problems arises when people become rich at the expense of others.

 

not always, but very often, that's the way it is, even in so-called "egalitarian" societies like in Europe. The wealth of modern Europe was built on Inca gold, ruby from British India and every coughing opium addict in China.