"Malaysia Prime Minister Mahathir Mohamad and the Sultan of Johor are seen in a blue Proton Saga... "When asked whether there is any tension with the sultan, Dr Mahathir said: “No, I don’t see anything because I went to see him and he drove me to the airport. I don’t want to comment on the sultans because if I say anything that is not good then it’s not nice because he is the sultan”"

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Sunday, February 22, 2009

"There's no trick to being a humorist when you have the whole government working for you." - Will Rogers


Fighting recession is like playing football

Someone: i almost fell off my chair seeing that headline!

In the article:

"Ministers and unionists have said fighting the recession is like playing a football match against a stronger team.

Speaking at the Singapore Tripartite Forum on Sunday, they said Singaporeans will have to go on the offensive and play to win.

Labour chief Lim Swee Say said Singapore should aim to be cheaper and better than its competitors with the help of the SPUR programme and other measures from the resilience package."

I don't understand why we have to keep using competitive metaphors.

The whole world is "fighting" the recession, yet from the way they put it, we are fighting our competitors in a race to the bottom (in wages). The logic of internationalization is that everyone wins, yet we always adopt a beggar-thy-neighbor philosophy.

Yes, that tired canard is thrown out yet again. Our instinctive reaction is to cut wages.

It has been suggested that keeping wages low keeps the proletariat's minds on something other than Revolution. Perhaps there is some truth to that.
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