Comments on: Was our phenomenal GDP growth worth selling our soul for?

By: The Singapore Daily » Blog Archive » Weekly Roundup: Week 47

The Singapore Daily » Blog Archive » Weekly Roundup: Week 47 — Sat, 21 Nov 2009 03:59:00 +0000

[...] MRT Stations – Singapore Angle: US Size Matters and the ASEAN Way – Gerald Giam’s Blog: Was our phenomenal GDP growth worth selling our soul for? – TOC: Lawyer for death-row inmate denied access to client – Mathia Lee: NKF in the red & [...]

By: fievel

fievel — Thu, 19 Nov 2009 06:07:03 +0000

Talking about alternative realities yeah? Well sadly the one version that can be confirmed is the one where Dr Lim paid 20 of his best years for his beliefs and integrity.

We are approaching the crossroads soon with the next election, giving Singaporeans the full power to change our future alternative reality, one that could possibly lead us to a better path of both true democracy without giving up an ounce of prosperity…if only the ardent PAP supporters will be able to see that.

While human history has shown time and again that the unexpected can always happen when you least expect it, I’ll put my money on PAP winging it again with their well-timed sweeteners and ‘good news’ and scare tactics.

I’ll be happy to lose that bet though!

By: The Singapore Daily » Blog Archive » Daily SG: 19 Nov 2009

The Singapore Daily » Blog Archive » Daily SG: 19 Nov 2009 — Thu, 19 Nov 2009 03:42:05 +0000

[...] Discourse – Gerald Giam’s Blog: Was our phenomenal GDP growth worth selling our soul for? – TOC: Lawyer for death-row inmate denied access to client – Mathia Lee: NKF in the red & [...]

By: joehancl

joehancl — Wed, 18 Nov 2009 22:02:57 +0000

Actually the pap govt. is a bunch of kiasu people. Whenever there is a spark of opposition trying to grow into a fire, they will use every means to put it out. If they are such smart asses what is there to be afraid of? Let a credible opposition grow and debate it in parliament like the House of Commons. Show the people you are real smart and not asses or a bunch of cowards.

By: Gerald Giam

Gerald Giam — Wed, 18 Nov 2009 13:19:47 +0000

I agree Tee Seng. I wrote an article abt GDP and economic measurement: http://geraldgiam.sg/2009/11/measuring-economic-performance-looking-beyond-gdp/

By: Tan Tee Seng

Tan Tee Seng — Wed, 18 Nov 2009 05:31:45 +0000

Our obsession with GDP is harmful and misleading. GDP is just a measure of how much money was changing hand. If you pay a school bus service to send your kids to school, then you’ve added to GDP. And if you send your child to school yourself, you won’t add anything to the GDP. It is not a measurement of what actually get done or your quality of life. Even if we are all so consumed by it, it would be more meaningful if we track the median per capita GDP over there last two decades and the ratio of these figures with the median wages of singapore. These will be a better measurement of our productivity and the distribution of our wealth creation.