September 13, 2006
A Whole Load of Gibberish
KTM said:
The KTM just read this commentary on a subject he cares about, but he has no idea what Andy Ho is driving at. ...First, why is the General Household Survey so lame that it doesn't tell us anything about what's going on? Or at least allow us to answer the simple question about whether things are getting better or worse? Can someone go and figure out who to do this right in future years so that we can have household surveys that actually allow us to make some sense of what's really going and answer some simple questions?
Second, the KTM cannot follow Andy's logic. He says that even though the poor are apparently getting poorer, it doesn't tell us anything 'cos the poor 5 years ago may not be the same as the poor 5 years later (i.e., today). It matters meh? Poor means poor loh.
Recommended by at82: "I also dun understand what social mobility got to do with the fact that the bottom 30% have negative income growth. Even if bottom 30% in 2000 is different from the those in 2005, it is still a fact that the bottom of the society is earning lesser than before, what..."





