The Road To Hell
Was chatting with someone who had a luncheon organized by the Institute of Policy Studies. Apparently, the government is worried that they are not doing enough educationally, for the top 3%. To substantiate this, they quoted that the Brits and Aussies have an inordinate number of CEOs on the world stage, while Singapore seems to have none.
It worries me, for the top 3% will always be able to take care of themselves. In fact, if there were no local scholarships, they would probably manage to get sponsorship anyway. Even if you gave them everything, they might be attracted by another more attractive offer that comes along. Being grateful is not something being inculcated.
What about the middle 75%, who are able to take up "value-added" jobs? Are they not important? The government's lack of care seems to leave them more and more disenchanted and disenfrancised.
While the top 3% might earn more money, the middle 75% are less mobile, and would be more likely to pay local taxes (the top 3% might be expatriated somewhere else). If the middle 75% manage to grow their pay package, would that not mean more money for the tax man?
As for the CEOs, just take a look at corporate Singapore, which is stifled out by government-owned and government-linked organizations. CEOs of these institutions are likely to be ex-military types, whose only management experience was a "do it or else" style. Is it not surprising that people do not look to them to lead global companies?
It has been worrying me for a long time, that the government is courting a more and more elitist agenda. Perhaps they are worrying about how they are going to continue justifying their pay, but they should also be weary of biting the hand that feeds...
It worries me, for the top 3% will always be able to take care of themselves. In fact, if there were no local scholarships, they would probably manage to get sponsorship anyway. Even if you gave them everything, they might be attracted by another more attractive offer that comes along. Being grateful is not something being inculcated.
What about the middle 75%, who are able to take up "value-added" jobs? Are they not important? The government's lack of care seems to leave them more and more disenchanted and disenfrancised.
While the top 3% might earn more money, the middle 75% are less mobile, and would be more likely to pay local taxes (the top 3% might be expatriated somewhere else). If the middle 75% manage to grow their pay package, would that not mean more money for the tax man?
As for the CEOs, just take a look at corporate Singapore, which is stifled out by government-owned and government-linked organizations. CEOs of these institutions are likely to be ex-military types, whose only management experience was a "do it or else" style. Is it not surprising that people do not look to them to lead global companies?
It has been worrying me for a long time, that the government is courting a more and more elitist agenda. Perhaps they are worrying about how they are going to continue justifying their pay, but they should also be weary of biting the hand that feeds...