Twenty years at Wal*Mart is the definition of "permanent underclass".
Lol... Isn't Singapore like 75% finance guys?
There is a lot of them but not the majority of people. Lots of private banking here for private purposes.
Though the currency controls in China has put a hold on it.
An ex-gf of mine was dealing with a guy from China who was buying a beachfront home here for $28 million. Had 80% downpayment in cash and wanted the rest in a local bank loan. When asked what his annual salary was.... $100k.
She found a way to get him both the property and the loan.
There is a lot of them but not the majority of people. Lots of private banking here for private purposes.
Though the currency controls in China has put a hold on it.
An ex-gf of mine was dealing with a guy from China who was buying a beachfront home here for $28 million. Had 80% downpayment in cash and wanted the rest in a local bank loan. When asked what his annual salary was.... $100k.
She found a way to get him both the property and the loan.
I've liked Singapore more every time I've visited since 1988. I really enjoy it, and when I was in the Navy, so did my Sailors. However, in 2000 after nearly 2 weeks of in port time during three port visits, my Sailors were broke and were more than ready to go. For a Navy ship visit, about 3 days is all the crew can handle! It was even more expensive in 2009.Where the banker wankers work:
Almost every building has a bank signage.
Unfortunately, Singapore is getting to be a 1% society where some friends of mine, lawyers who make seven figures salaries think it's getting expensive.
That's why I am checking out.
The Republican plan to benefit ordinary people:
In the post-WWII decades, a rising tide really did lift all boats. Then that stopped happening.
That photoshopped image perfectly captures the Randian worldview that Ryan exemplifies. It mystifies me that he’s regarded as a policy wonk, even in the supposedly liberal media.
In an economy where 70 percent of GDP comes from consumer spending, the real "job creators" aren't titans of industry or the wizards of Wall Street, but ordinary households that are constrained to spend the bulk of what they earn. Maybe instead of glorifying vulgar rich assholes like Trump, we should esteem sentiments like those Aaron Copland expressed here.
Wow! Nice cherry picking to find something to criticize POTUS. LOL. Did you read the rest of the article? It I is nothing but great economic news. It is interesting that 65% say that the tax cuts had no impact on hiring yet virtually all are experience increasing profits and sales and need to hire people. Also, 68% said that tariffs are not affecting their plans.
I think you're hitting on the biggest problem here. Not so much the numbers, but the perspective. We consider a bigger increase in GDP to be better than a smaller increase, but we really shouldn't actually be making that judgment without looking at who exactly is getting the benefits of that increase. If Microsoft increases its production by $10 billion, that increases the size of our economy, but it doesn't actually do much for the welfare of the nation as a whole if $9.9 billion goes directly into Bill Gates' checking account.
