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Abstracts of essays; news; announcements; short takes.
About Me
- Yawning Bread Sampler
- This blog carries summary abstracts of Yawning Bread essays, with space for comments.
Here too are other tidbits that are too short for the main Yawning Bread site.
To email me, go to the main site.
Blog Archive
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2007
(161)
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August
(22)
- The Good News Times strikes again
- Religious affiliation of MPs
- Teacher's termination still unaccounted for
- CPF and its creaky assumptions
- Cinema: Jesus camp
- Singapore second last in Asia democracy index
- Race, religion and Negarakuku
- 2 by 6
- Police declare joggers an "illegal assembly"
- Time travel via our roads
- Spirits from our past
- Pity the heliconias
- Death by numbers, part 2
- Death by numbers
- Picking on a picnic
- Public transport model needs a rethink
- Bark and crumble
- Letter to the people of Singapore
- My kissing project, part 4
- Lee Low Tar
- Where to draw the line on marriage?
- My kissing project, part 3
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August
(22)
Posts
4 comments:
Sorry to nitpick, but I think your claim
"For the lowest quintile, the compounded price increase from Jan 2004 to June 2007 was 6.7%."
should be 6.5% instead.
It's 6.5 only if you're adding arithmetically. I was compounding it, as I said in the essay. Inflation and interest rates should be compounded when assessed over a period of years.
Hi Alex: I've been wondering for a while about the Government's reports on CPI and inflation in Singapore. Can you point me to what items are included in their index for tracking these statistics? I am constantly in a state of shock at the ridiculous figures that are released, because quite frankly they understate my experience so profoundly. Admittedly, as an ex-pat non-property owner, I would be expected to be affected by the hyper-inflation in the rental market much more than locals (105% increase over last year), yet ignoring this, the increases that I am experiencing on the back of the GST rise would indicate a personal inflation rate over last year of 10-15%. Adding in the rental increase (which accounts for 40% of my monthly spend) and the rate rockets up substantially beyond that. Only once have the traditional media touched on this reality, when they reported that Singapore had now passed NYC in terms of cost of living for ex-pats.
-Mike
I thought the article on 4th university in today's ST is interesting for what it omits: no mention of SIM University or UNSW; obviously, a new university would not be needed if previous initiatives already provide enough additional places
sgsociety.com
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