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Singapore's leaders face new test

Friday, May 06, 2011 - 04:09

May 6 - Singapore's leaders facing a new test in general election, amid voter discontent over wages, prices and foreigners. Arnold Gay reports.

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When the final vote is counted in Singapore as general election early Sunday morning. No one expects to booting People's Action Party to lose -- Under the -- swatch to Singapore economy expanded from just five point five billion in 1962. About 250. Billion -- -- Over 90% of Singaporeans only owned homes and the country's infrastructure and no crime -- matched by few around the world. A relentless drive for both this seemed to building a mild one but two casinos and the staging of the world's only Formula One might please. Hundreds of thousands of foreigners have arrived in recent years to boost flagging population growth rates. But these very same policies have not sit portions of the population. Who feel left behind by the rising cost of living soaring home prices and all the crowding on buses and trains. And for the past eight DC flocked to rallies like this one held by the opposition workers' party. To make their feelings known. President of the main issue. Flags. Living condition this thing -- was getting high and I ended. So I think you should come out. Also we saw a position as a Boston parliament. I was being brought up nations. Or prizes but inflation. I don't know him. The benefits of Singapore's growth has also not been even with stagnant wages and an income gap that's one of the largest among developed countries. University professor and Chong says the government may have relied too heavily on the market to work itself out. The economy statistically he's doing very well. It in spite of what it was happening in Asia and the wolf. Except that you know. With the globalization this is on site. You know you you open a bullet this -- free trade investment. What went -- leave but -- -- -- single Paul that this creates you know side effects -- hacking the government for anything true. And they thought it you know along free market lines these was sort themselves out -- that the operation of the so called invisible hand. Off the free market and so on. But it didn't quite -- -- that we and I think that's the reason why. A good pot on the political -- solid for the winning pot can. On a scale of 021. With so you'll meaning perfect income distribution. And one meaning complete inequality. Singapore energy coefficient of zero point 47 lost here Britain get this this street level economic. Com theme this focusing. You know in India can now position pot -- now and -- you'll have to take -- serious. Because in every classic concede that looks good in terms of the physical. Environment green pox. Upgrade of tinsel on their golf posts you know pockets all vehicles. Personal fan in these and that's Hillary's. All of halt this hack tool you know basically scratch. This savings just to be able for things. The opposition has been catching on to these concerns and picking up -- if you this a ministerial -- as well. These last five years people have been -- -- things they should never have been expected to. You know wages going down significantly the median wage increase has been about one point pulled into this thing. Whereas. Waiting pieces of cabinet ministers and he's and the president has risen astronomically you know. We just both of them are -- The prime minister and -- -- hopeful -- that's 101000 dollars a day. And people are incensed by that. Analysts say the opposition making one or two multi seat constituencies. And perhaps one or two single seat constituencies. This would represent a drop in the percentage of votes for the we still puts on the Ponte to Paula for the next five years Arnold gave bush took us.

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Singapore's leaders face new test

Friday, May 06, 2011 - 04:09