Prime Minister Lee Hsien Loong explains why the government needs to pursue its growth strategy. His speech is reported by CNA. Article. And another report from Today. Article.
I will be writing to give my views on several points contained in his speech including the following:
a) Most countries pursue growth policy
b) But they balance this policy with other priorities, to give a better life for the people
c) Singapore's policies are not well balanced - leading to a feeling of insecurity, stress and lower quality of life
d) This is reflected in our low birth rate - among the lowest in the world
e) The policy of increasing asset value is flawed, as it is fueled by an asset bubble that will have to be paid by our future generation!
I will be writing to give my views on several points contained in his speech including the following:
a) Most countries pursue growth policy
b) But they balance this policy with other priorities, to give a better life for the people
c) Singapore's policies are not well balanced - leading to a feeling of insecurity, stress and lower quality of life
d) This is reflected in our low birth rate - among the lowest in the world
e) The policy of increasing asset value is flawed, as it is fueled by an asset bubble that will have to be paid by our future generation!
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