The high cost of living [in Singapore] coupled with low wages and domestic purchasing power condemns the average Singapore worker to an ignominious, monotonous and stressful working life. Singapore workers have to work harder to earn the same amount of money and save for a longer period to purchase the same product.
In 1991, Goh Chok Tong, then the Prime Minister, promised Singaporeans that we would be able to achieve the “Swiss standard of living” within a decade. Ten years later, we have a living standard which is closer to Russia than Switzerland. Like Singapore, the Russians has a low wage and domestic purchasing power and Russia, especially the city of Moscow, has one of the highest cost of living in the world.
No takers. Right, so you wouldn't abide your household being run like this, yet you'd force it on a country. Interesting.