
Cooling Day Ultimate Economic Indicators Guide For The Informed Singaporean Voter
Over the past 2 weeks, we have been taking an in-depth look at multiple economic indicators to better understand just how Singapore have performed over the past 4 years. The point of reviewing these indicators isn’t just to take a stab at how well (or how badly) the current government have performed, but also, to provide a guide to Singaporeans to assess and understand for themselves the current state of the country that we are currently living in. And to hopefully, promote a more educated choice on polling day.
This is what we found out through the 8 articles that we have published over the past 2 week. We will provide a short synopsis to each of them as well as the links to the articles for your easy access.
No 1 Of 8: Little To Suggest That There Are Changes In Population Policy
Come GE 2020, we will be anticipating for a total population of 6 million people in Singapore. There isn’t much evidence in our research to suggest that wouldn’t be the case.
Read More: Consistent Population Growth In Singapore
No 2 Of 8: GDP Per Capita Is Worth Being Proud Of
The PAP continues to be the go-to brand if anyone wants to attain a high GDP Per Capital. You may not like it, but there is no denying they have brought results in this aspect.
Read More: Having A Good GDP per capita
No 3 Of 8: Real Wage Growth Looks Good Only If You Are Already Rich
If you are part of the group who is at the 25 percentile or above, you should find yourself in an okay position. If you are from the bottom 10 percentile, things do not look good.
We can only conclude that Singapore is a great place to be…if you are already rich.
Read More: Less than 1% Real Growth In Wages For The Bottom 10 Percentile
No 4 Of 8: Prices Of Goods Remain Manageable
As with most healthy economy, inflation continues to be present in our country. That is okay. We found out that both housing and healthcare have became cheaper. The same cannot be said however for food and public transport.
Read More: Changes in the price of your goods
No 5 of 8: Income Inequality Is A Real Problem
Income inequality in our country continues to be an issue we struggle with. We can disagree about the solution, but we can’t deny the problem. It exists.
Read More: Income Inequality in Singapore
No 6 of 8: Unemployment?
From a pure statistic standpoint, there is nothing much wrong with our unemployment rate. But we all know that statistics only tell one part of the story.
Read More: The Unemployment Rate In Singapore
No 7 of 8: GDP of Singapore Remains Strong
Once again, there is nothing wrong statistically with the GDP of Singapore. Singaporeans may love to complain, but the GDP growth we have “enjoyed” is one area not worth complaining about.
Read More: Understanding the GDP situation in Singapore
No 8 of 8: Housing – No Longer An Issue?
Our final indicator looks at an area that was a hot issue back in the 2011 election. Fast forward 4 years, and the fact that it is no longer discussed at length only suggest one thing, that it is no longer a pressing issue.
Read More: Revisiting the housing issues in Singapore
Whether you are a fan of the current government, or prefer a greater opposition representation, a more educated decision to choose the “right” party will be a better quality vote for Singapore. As survivor host Jeff Probst would say, the power lies in your hand. Cast the right vote for yourself.
Read Also: Vote For Yourself, Not Your Neighbour
Your country, Your vote, Your choice.
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