How I feel about high income economy?

HIGH INCOME ECONOMY
by Dr. Mahathir Mohamad
Putrajaya, Malaysia
Prime Minister of Malaysia
1981 - 2003 http://chedet.co.cc/chedetblog/2010/10/high-income-economy-1.html

The above link from former PM Tun Mahathir is referred.

Surely the government has the answer on how much would be enough for each individual in order to pay for all their necessary living costs, and therefore should be able to come out with the minimum income figure so that every employers must pay at least the minimum amount say for a clerk as example.

The authority should also have  figures for other categories of workers in the country, some sorts of guidebook or guideline for remuneration.

The government should therefore act now with the minimum income policy instead of seeing workers staging strike or demonstration.

 

How long can the government or the country afford on the human resource drains?

The success of the high income policy lies with its implementation which is most crucial in its entire cycle.

There seems even more serious problems ahead than just losing our people to other countries; it is the unemployable human resources that we really should be worrying now, and the education department must really be fully revamped quickly.

I hope we will not end up with high salary but zero purchasing power just because of our human resources are 'molded' to be of low quality and productivity.