A job quality index would give the true underemployment situation
Anyone who has learned Economics 101 knows the Philipps Curve. It’s about the relationship between inflation and unemployment. Western central banks have been applying this theory to their economic thinking. In the US, this relationship no longer applies. This is because by a new index named the Jobs Quality Index (JQI), the...
The use of POFMA shows how petty the government is
The government's use of POFMA so far shows how petty the it is. More importantly, it shows how POFMA can be used, according to how the govt interpret "facts" and statistics, which can be a subjective thing. The govt's frivolous use of POFMA, a law which itself is dodgy, makes Singapore a really sad society, where everyone and...
Why PAP won in every election despite a suffering population?
As Singaporeans faced yet another unjustificable slew of price increases in essential utilities this month – electricity tariffs and water – many are left wondering if both the companies are caught in the red resulting in the price increase. On the contrary, for example, SP group has made an average net profit of almost...
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