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Let us not rely on foreigners

Submitted by tnpreader on February 26, 2013 - 7:45pm

With reference to foreign worker, MNC, SME, small businesses, hawker are all seeking help for more worker. I believe all this is to expand their business and increase their bottom lines.

My take is we should all learn to live within our means and constrain. Take the examples of bosses having to roll their sleeves to help in the operation. I thought it was good to see that, rather than getting foreign help. Others lamented unable to expand because not enough worker, my answer is then do not expand. Another is we need help to build more houses and infrastructures. There is too much reliance on outside help, so much so that if all the outside help were to disappear for some reasons. We will be in dire strait because who will collect our rubbishes, repair our roads, clear the sewers, trim the trees, cut the grasses, etc, etc.

I believe we are chasing economic progress, expanding business, improving the bottom lines with long term repercussions. To get more local worker, we should pay more to worker instead of more profits for the bosses or shareholders and improve productivity. Pay more to the lower salary worker instead of higher paid employee. A 20% cut for an executive pay of $10,000 still give him $8,000 which is still relatively comfortable. The same 20% when spread to 10 workers with $1,000 pay will see their pay increase to $1,200. This may not be much but it will definitely help. The well off have to adopt a citizen social responsibility mindset. Not enough houses, stay with parents, more to a room instead of one person to a room.

By all mean, allows immigrants as most of our fore father were migrant too as long they are social and economically responsible . We have to rethink the way we are living. We have to be self reliant, make full use of our own resources which is our people, young,old, all genders and accept the constrain our little red dot is facing.

- Richard Tay

This is all well and good in theory.  We don't have to wait to see how things will develop for Singapore.  We can look at the US and see where we're heading.  Many US companies have moved out of the US and taken the jobs with them.  What's left is a consumer driven economy that is living on borrowed money and time.

"With reference to foreign worker, MNC, SME, small businesses, hawker are all seeking help for more worker. I believe all this is to expand their business and increase their bottom lines."  That shows you're not in their shoes.  They are talking about survival.  Pay more for locals is your solution.  Hire low cost foreigners or relocate are the options they have. 

"There is too much reliance on outside help, so much so that if all the outside help were to disappear for some reasons. We will be in dire strait because who will collect our rubbishes, repair our roads, clear the sewers, trim the trees, cut the grasses, etc, etc."  That's because you cannot envisage you or Singaporean you know doing those jobs, at least not at the current pay.  How much more do we need to pay before Singapoeans are willing to do those jobs?  How will that affect the overall pay structure?  How will the Govenment and employers shoulder the increase in cost?

"Take the examples of bosses having to roll their sleeves to help in the operation. I thought it was good to see that, rather than getting foreign help. Others lamented unable to expand because not enough worker, my answer is then do not expand".  Bosses and senior management's role is to grow the companies.  That's where they add value to the company.  When they have to take part in day to day operation, they are over paid and not growing the company.  Your answer is "do not expand"?  Companies and economies grow or they satgnate and decline.  There is no running on the spot that leads to nowhere.

 

"I believe we are chasing economic progress, expanding business, improving the bottom lines with long term repercussions."  This is true and that's the cost. The question is how do we strike a balance so that the repercussin is contained and managed.  Definitely not like the way it was for the last 10-20 years.  If we want to keep the companies here and encourage employment of locals, then the cost of living and cost of doing business must be contained and kept affordable so that Singaporeans can accept lower wages that companies can afford.  The bigger components are land/housing costs, transport costs.  The Government has to keep public housing prices down and let market forces take care of private housing.  Do not peg public housing to market. Alternatively those who opt not to sell back to HDB do not enjoy subsidies and pay market rate. Make it so that people cannot profit from subsidized public housing by making it mandatory to sell back to HDB.  Taxes on foreign owned and not owner occupied private housing should be high enough to discourage speculation by foreigners.  Transport cost for business must be lowered through exemption from COE.  Control traffic through higher cost of usage rather than ownership.  Individuals and companies will have to consider carefully before making a trip.  Improve on public transport to encourage ridership and make it attractive compared private cars or even taxis.  That will provide competition to taxi drivers to provide better service.  Allow only sole bread winners or low income families to have a taxi license.  Too many retirees with good household income are using taxis as their own private transport.

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