8/31/2008

The merciless increases in prices

No matter how bad the people are affected by the high cost of living and the shrinking dollar, price increase must be it. No let up, no one is going to bother about how it will affect the people. Just tell them to tighten belt. If they can't, go for charity. And even with charity still cannot tahan, go for more charity. Hospital charges have gone up during these difficult times. I have copied the numbers from: http://singaporenewsalternative.blogspot.com/2008/07/price-watch-updated-10-jul-2008.html Medical SGH inpatient room rates rose in all the 3 classes selection: 1. C class rose the highest by 7.69% from $26 a day to $28. 2. B class rose by 7.55% from $53 a day to $57. 3. B+ class rose by 6.6% from $106 a day to $113. Come to think of it, the increases are small. Very affordable. Ok let's move on. And no one should be blamed. These are private hospitals and run for profit. Privatisation is good. Now cannot blame the govt also.

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  1. The word 'affordable' has to be applied selectively to those who earn fat salaries and surely not to those in the lower income group. A 4-room HDB flat in Punggol now cost in the region of $280K to $300K and I worry for the younger people and those who are taking the Government's advice to have more children. Can your children shoulder the ever heavier burden of debt that will be even worse than yours? I am not so sure.

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