Thursday, September 15, 2011

Kuan Yew promotes FT policy again: Misinformation

On the seventh anniversary of the Lee Kuan Yew School of Public Policy, Kuan Yew explained our low fertility rate and the corresponding counter-measure that PAP government takes

Kuan Yew believes Singaporeans are unable to replenish themselves 
"Stopping at two has nothing to do with what's happened. It's happening throughout the developed world. Once you have women educated, with equal job opportunities. they do not see their future as just bearers of children.......

I don't not see the fertility rate going back to 2.1, the replacement rate. The only way this could happen is you  'diseducating' , or 'uneducating' women."

His claims are not untrue but the main reason of our sterility seems to be heavy household debt load due to high property price that forces woman to work. Right now, a medium size resale flat cost around 300k-400k, which is more than 10 times of medium annual income.

Experts agree that property is affordable when priced around three times the median annual income of a person. At this level, our afore barren "educated woman" will bear babies, and we will have TFR of 2.1. The more FT, the more property bubble is going to perpetuate. PAP is waging war against babies while blaming us.

Fear mongering an pathetic aging society
"There would not be enough people to look after the old and work the economy at the same time.

People now in their 20s and 30s, it's going to be like that for them for a long time, but suddenly they will find that they are in their late 50s and 60s, and they need more medical care, more home nursing - and where are the nurses, the paramedics and the doctors."

The above statements are completely misleading. First, we do not need FT (talent) or migrant to look after the old, just a few maid will do. 

We do need more doctors and unfortunately, the doctor shortages are created by PAP's medical cartel. And besides, the majority of FTs imported by PAP are not taking care of our old folks. The FTs compete jobs against Singaporeans.


Anonymous said...

Agree with you on most points. But here's the thing.

LKY did not address the question that his two-child policy was the cause of the lack of singaporeans.

Earlier this year, LKY admitted he SHOULD NOT have implemented the 2-childpolicy in the 70s.

Now, he says that the 2-child policy in the 70s was immaterial. It was regardless as educated women stopped at two. In the 70s, they weren't many Singaporean ladies who entered universities.

LKY is now backtracking what he earlier admitted in the Straits Times.

He has clearly forgotten what he said. Either he is senile or he has realised that he shouldn't have admitted that his 2-child policy in the 70s was the root cause.

These days we don't hear LKY talking about coming out of his grave if something should happen to Singapore.

He is saying: Singaporeans will accept the foreigners regardless.

I hardly think so. I think Singaporeans will be offensive towards these foreign parasites.

Veritas said...

Actually I am a strong supporter foreign "talent" policy.

A talent is someone who

won Nobel prize, field medals, turing prize...etc

earn more than S$1 million a year

Olympic winner

Renown entertainer, writer...etc

Great personalities like Maria Theresa, Xingyun Monk...etc

Entrepreneurs like Bill gates or investors like Rogers, Soros

Ours is phoney talent policy which I am against.

Veritas said...

Someone who compete jobs with average Singaporean joe is not talent.

So what did PAP import?

Anonymous said...

So what kind of FT policy does PAP conduct? It's a "feather our own nests" policy. Why did western politicians bail out the banks? Because the banks pay the politicians' campaigns (hey yo Blair is the godfather of Murdoch's kid? I kid you not bro!). Why does Wall Street keep screwing the world with all these toxic financial products? Because they are paid super bonuses for taking the upside and not taking the downside. Why did PAP and LKY implement this FT policy? Simple - their bonuses depend on GDP growth. Its their way of lining their pockets with legitimate academic and mass media justification. Things are quite simple in sillipore, its nothing political, it's because of pure dollars and cents, always been that way and will always be that way. The dam has been breached with the current generation of senior civil servants - They have learnt how to bribe them so they stay docile and not challenge the regime.

Anonymous said...

You know what they say here in SIngapore these days?

You serve national service ot protect the assets of the rich and the government.