posted on Feb, 17 2013 @ 10:25 AM
Singapore is a tiny island state, about half the size of hongkong which has a densely packed population of 7 million today. Singapore plans to have 7
million within that small island? Insane.
Singapore is not USA, China, Africa or Australia with a HUGE landmass that easily accomodate billions of immigrants and everyone well fed if resources
are used and managed wisely. Singapore has no mineral resource, only a well placed geological position in the world, the centre for trade, finance and
tourism with its intelligent and secular workforce.
Immigration and cheap foreign labour is never an answer to economics. Economics do not stand alone by itself and is only a contributing factor to the
building of a nation.
Slavery was outlawed for both economic and social reasons, as the costs were high. Immigration and cheap foreign labour is nothing more than legalized
slavery and much worse off, as at least slaves have their lodging and food taken care of. Immigration and cheap foreign labour only impoverise
eveyone, including the citizens whom will be out of job or have low wages to compete against rising inflation and property prices. Only the rich will
get richer from slavery while everyone else suffers.
Better the economic policies rely heavily on well trained local labour with better productivity through intelligent use of technology in value add
services and manufacturing output, which will give better wages to build up a strong, reliable and loyal supporting middle class.
GDP growth figures are great. But if the citizens are discontented, the GDP figures can easily go south in a flash, as Libya, Tunisia and Egypt found
out. And packing 7 million into that dense small space with strangers competting and reacting with one another is gonna cause a heck lotta social
discontent, with blame falling squarely on the state administrators.