Yes it’s the usual rant of inflated standard of living, to the ever expanding Singaporean waist-line. I feel that this growing momentum; more of the former for me; of everything getting pricier really concerns me.
The thing is while things keeps getting inflated, the state of higher cost is not in tandem with our wage increment, it has not kept pace with the inflation in fact.
I’ve been listening to friends whining about their wage freeze, or not getting any bonuses last year, and after reading more and more reports of higher cost of living, this worries me even more.
Well expect your Singapore electricity tariff to go up this quarter due to higher fuel oil prices as cited by SP Services, and housing prices is set to rise too, but the gahmen assures it will be “affordable”.
Oh jolly good …
I myself have been saving up for my own place, and come when I’m 35 years old, I reckon my now expectation of a home in mind, might not what I’ll be getting in fact then.
I’m likely have to water down my expectations.
I was reading an article by National Geographic the other day and our dear Minister Mentor Lee Kuan Yew says that Singaporeans have become “less hard-driving and hard-striving.”
Why?
Because Singaporeans are basically unhappy with the influx of immigrants, especially those educated newcomers prepared to fight for higher paying jobs.
And our beloved Minister Mentor added, “If native Singaporeans are falling behind because ‘the spurs are not stuck into the hide,’ that is their problem.”
I don’t think myself as less hard-driving, nor lazy … tell me how the hell am I to compete with a foreign national with the same qualification as me, who is willing to take a drastic paycut.
Well I’m not surprised with the exodus of Singaporeans overseas, and our declining birth-rate.
