ONE FAMILY?

March 30, 2005
Singapore Democrats

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The Rhetoric

“We all are one family.”
– PM Goh Chok Tong, August 9, 2001

The Reality

Between 1998 and 1999, the average household monthly income of the poorest 10 percent of the population decreased by nearly 50 percent from $258 to $133. In the same period, the incomes of the richest 10 percent increased by 2.6 percent from $15,053 to $15,451.

The following year, the average household income of the poorest 10 percent fell by another 54 percent from $133 a month to $61. In the same period, the incomes of the richest 10 percent increased by another 8.8 percent.