Singaporeans still not productive enough?
Finance Minister Tharman is telling Singaporeans that pay rises are not the solution to inflation. Instead, lower income Singaporeans should be trained to improve their productivity so they can earn more. The question is, are lower income Singaporeans really not productive enough? Or, should I put it this way instead - how much productivity is enough? And say if there is a way to objectively measure productivity levels - what is the breaking point for humans, and what will the government do t
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