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S’poreans who avoid low-paying jobs are just rational

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SME employers are forever bitching moaning that they need FTs because S’poreans (esp the young) don’t want to do the jobs on offer, be it factory work or restaurant work. The govt, too, is forever complaining that FTs are needed because there are jobs that S’poreans don’t want to do.

The underlying message of govt and employers is “S’poreans are lazy”, echoing and amplifying one LKY’s Hard Truth that S’poreans need to be spurred on, by way of the import of FTs. BTW, strangely, they are silent on benefit of the wage repression that such imports bring them, and people like me.)

Well these employers are not “uniquely S’porean”. Farmers in the UK too complain that they need FTs according to this article:

Farmers claim that they will then face a dramatic shortage of labour [when a FT scheme is ended].

Often migration is justified on the grounds that there are jobs young Britons are unwilling to do. They’re lazy and coddled the argument goes, workers from less wealthy countries tend to be keen to get the work. Yet at the same time as around 22,000 Bulgarians and Romanians came to Britain through the SAWS, over 46,000 Britons traveled to Australia last year as part of the Working Holiday Makers program. There, they often get low paid jobs, as farm hands, cleaners or in the catering industry.

The Economist (remember it likes our healthcare, CBD and COEs, and believes in low taxes, GST and liberal immigration policies) goes on to explain this paradox of British youth preferring to take menial, low paying jobs in Oz but not at home, while British farmers have to rely on immigrant labour:

Migrants—whether Romanian or British—usually intend to stay for just a few years before returning back to their country of origin. This means that they’re much more willing to live in cramped conditions, cut their costs and take on low paid temporary work. But Britons who are willing to work as field hands in Australia probably would not consider do so in Britain: they would hold out for a more permanent and better paid job. This is not necessarily evidence of laziness but prudence. It is just that it is much harder to buy a house or raise a family on the wages of a field hand than it is to backpack across Australia.

Likewise, S’poreans want better paying jobs because this is home, and a pretty expensive place to boot. A recent Yahoo article had this quote:

“I just think there must be something really wrong if the government keeps having to subsidise people like us who are considered middle-income wage earners. There’s a real income inequality problem here and they need to address it.” – Marketing executive Adrian Matthew, 26.

That’s a middle income wage earner talking. Imagine what would a S’porean manual worker or waiter say?

True, we don’t have welfare benefits for the unemployed but young S’poreans have their parents. This being S’pore, the son or daughter is likely to be the only child, or one of two, and S’porean parents are likely to understand their children’s situation. And there is a generation that can still afford to indulge their children because they have jobs and have paid off their HDB loans, and are sitting pretty. That’s the welfare net for these young S’poreans.

The piece ends with shumething our PM and his cabinet should be thinking about (I slightly edited the passage to make it fit our situation):

There’s little point in complaining about laziness, those who won’t take these jobs are often making rational decisions. We don’t really want an army of underpaid Brits S’poreans working uncomfortable hours in jobs which pay nothing. It would be better to wonder why they cannot find better ones—and what the government can do to help them to.

The PM should remember that as the Economist agrees with many of the things he is doing such as:

– bring on the FTs;

– GST;

– COEs;

– CDB;

– high petrol prices;

– low taxes;

– no minimum wages; and

– meritocracy,

so he should listen to it when it talks of the need to try to find better ways of helping the lower-paid workers. After all in S’pore, as I pointed out here, real wage median growth is dependent on govt fiat (raising employers’ CPF contribution.

What better goodie to celebrate 50 yrs of independence?

Even the PAP govt gets a goodie: a continuation of the de-facto one-party state if the govt can find a way to make sure S’poreans have stable, well-paying jobs. And no more subsidising of HDB flats for middle income S’poreans. No more raiding of the reserves as one Mah Bow Tan almost put it. More for Temasek to put on “Red”?

Cynical Investor
*The writer blogs at http://atans1.wordpress.com/

 

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