Thursday, July 22, 2010

Letting 100,000 extra foreigners conquering Singapore is a good sign

Prime Minister Lee Hsien Loong said that more than 100,000 extra foreigners are set to enter the workforce this year.

Commenting on this, labour chief Lim Swee Say said: 'It's a good sign, because it shows that at a time when many countries are having a shortage of jobs, we are having a shortage of workers.'


Regardless how many locals are going to lose their job opportunities to the cheaper foreigners.

Regardless how much the cheap labor is going to drive the country's average wage further down.

Regardless how much more overcrowded the public transport is going to get.

Regardless how much more difficult it is going to be for the locals to get housing, or even places in schools for their children.

So how is this a good sign? I suppose Mr Lim is clueless.

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