A social economic system that disadvantages Sinkies?
Two key factors in our economic infrastructure will doom whatever that were built over the last 40 years. The first is high pay at the top, both private and public. With everyone at the top demanding and expecting to be paid in the millions, the money must come from somewhere. No need to guess from where or who.
The next most crucial factor is high property price. All the professionals would need to make more to feed this property bubble, to buy that multi million property. The average Sinkies too would need more to buy their flats. The professionals would need to charge more for their expertise. Who pays? No need to guess.
The average Sinkies need to get better paying jobs to cover the high cost of living. They have no choice but to shun lower paying jobs. Why blame them for asking for higher pay? Employers would thus not want them as they could substitute them with cheaper foreigners. The average Sinkies would find themselves more difficult to get the jobs they want to be able to foot the bills. They become unattractive to employers and ended up unable to make ends meet if they accept a lower paying job or not getting a job while waiting for a higher paying one.
They are then told to lower their expectations, live within their means. The reality is that living within their means with such high cost of living is still difficult if they don’t get a job with a decent pay. The only real option is to downgrade everything to the level of the cheap foreigners to survive.
And Sinkieland has just been crowned the richest country in the world and will stay there for the next 40 years with average income of US$56,532 in 2010 and US$137,310 in 2050. Shouldn’t Sinkies be the richest and happiest people in the world? Shouldn’t the govt be praised to sky high for the great job it has done? Why are the daft Sinkies so unhappy, and so angry?
Shouldn't all Sinkies be popping champagne and celebrating the good life?