Tag Archives: cheaper faster better

GOVERNMENT ACKNOWLEDGES WEALTH DISPARITY IN SINGAPORE

Cherry-picking among the basket of 160 goods and services used in the Economist Intelligence Unit (EIU) 2014 survey, finance minister Tharman Shanmugaratnam argues that the survey, which ranks Singapore as the world’s most expensive city, does not measure cost of living for an “ordinary local.” Ahhh I see, Minister. Thank you for enlightening us “ordinary” Singaporeans, who not only have plebeian tastes and neither consume imported cheese, filet mignon nor don “Burberry-type raincoats,” but also lack the intelligence to understand that Singapore’s rocketing cost of living as measured by EIU does not affect us commoners.

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