wednesday's thoughts What about us??!
















I'm sure as most locals would have known by now... the latest and hottest local news now is how the government is trying to justify their
ridiculous pay raise for the civil servants.. damn. 33% increase!!

A ministers monthly pay of more than $100K (which would make most of our 'men-in-white' millionaires!) is freaking more than 3 times what I earn in a year!! *shaking head*
I should be in politics! (Touchy subject.. gotta be mindful of my words.. don't want my ass to get haul up in court..)



Hmm.. tying bonuses to a country's GDP? I don't know man.. that don't really serves as a valid yardstick of measurement. Isn't one's bonuses peg to their performance?



A senior White House official on Tuesday admitted he was floored by the news that Singapore's prime minister earned five times more than US President George W. Bush.



"I'm going to emigrate and run for office in Singapore," the official said on condition he be identified only as "a senior administration official who sits in disbelief after reading that story."

On Monday, the Singapore government had announced a fresh 25.5 percent pay hike for Prime Minister Lee Hsien Loong, boosting his salary to 2.05 million dollars per year.

Bush gets paid 400,000 dollars per year for doing his job, according to the White House.
Combined with personal investment income, he and his wife Laura reported 618,694 dollars in taxable income in the 2005 fiscal year.

They had to pay 187,768 dollars in federal taxes. But maybe Bush shouldn't feel so bad. The Singaporean's paycheck is eight times fatter than Japanese Prime Minister Shinzo Abe's



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Heck.. anyway, my point is... sure, raise the salaries as high as you want.. as long as corruption continues to be non-existence in the system and their ridiculously high paycheck is not used as an excuse to raise the basic standard of living.

And while the leaders of the country are smiling their way to the bank, I hope that the private sector are not forgotten. With the economy on the mend, employers seems to have forgotten that their greatest assest is not their product or their services... it's us.






2 comments:

Anonymous said...

Interesting piece. I took the liberty to quote it in Asia Observer’s blog at
http://www.asiaobserver.com/blog/

John Einar Sandvand
Editor, Asia Observer

trav said...

Hi John,

Wow.. I'm honoured!

cheers
trav