And the major investment that Nichie mentioned did beef up headline GDP growth but did it benefit a taxpaying citizen?
About blue-collar jobs. The cleaning auntie at my office is very friendly and often chats about her lifem her grandchildren. She is in her fifities, has to do 2 jobs (her cleaning job is $500 month, normal office hours and she sells hand lotion, mushrooms, other misc stuff to whoever is interested to buy from her). According to her, her income goes to paying for HDB installment, livelihood (lunch in this part of Spore is not cheap even at a hawker centre relative to that level of pay) and is not enough to save up for retirement. Her children have their own hard time feuding for themselves. She said pay is low but there are many others who are willing to do it at that price.
My relative runs a biz and he hires Chinese as movers as he pays them $500, also normal office hours. We asked him how these workers survive on $500. Don't they have to pay for rental. Yes, they pay $200 for rental (share room with 3 others on bunker beds), eat plain beehoon/$2 chicken rice for lunch/dinner everyday and save up the rest. When they return home, they build big houses and are considered rich.
Yes, there is indeed a shortage of blue collar workers in Singapore. No singaporeans want to work as construction workers now. Hot, manual, low pay, zero prestige. They are all from China and countries near to Indian ocean. But even among some blue collar jobs, only the participatesknow what it takes to compete. Our cleaning auntie must live with such competition who can always run back home in due time and be rich. But she will forever remain poor, pay for not so cheap yet humble housing in local terms with that kind of pay and perhaps continue to work till she can nolonger.