Government Acknowledges Wealth Disparity in Singapore
Cherry-picking among the basket of 160 goods and services used in the Economist Intelligence Unit (EIU) 2014 survey, finance minister Tharman Shanmugaratnam argues that the survey, which ranks Singapore as the world’s most expensive city, does not measure cost of living for an “ordinary local.”
Ahhh I see, Minister. Thank you for enlightening us “ordinary” Singaporeans, who not only have plebeian tastes and neither consume imported cheese, filet mignon nor don “Burberry-type raincoats,” but also lack the intelligence to understand that Singapore’s rocketing cost of living as measured by EIU does not affect us commoners.
The government spin reminds me of the infamous episode in which a Minister was questioned in parliament about the adequacy of social handouts and his idea of “subsistence living.” He snapped at his fellow PAP member of parliament: “How much do you want? Do you want three meals in a hawker centre, food court or restaurant?” Continue reading…