Wednesday, April 11, 2007

Damage Control

The Singapore Government swing into damage control today as public anger over the pay rise rises. Although you will never know it reading the Strait Times, there is anger out there (just read any blogs on Singapore). Ministers after ministers are coming out stating how important it is to pay top price for top talent and they must match the private sector's pay.

Question: If people in the private sector fail, they get fired. Does this means that this will apply for the Singapore civil sector as well? Bye-bye, iron rice bowl?
Answer: Laughing out loud now.

Come on, even a senior White House official was floored by the fact that Singapore's prime minister earned five times more than US President George W. Bush. Little Lee got a 25.5 % pay hike to a salary of 2 million dollars per year. Bush gets only $400,000 dollars per year. Do the maths!

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