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30 Mar 2020  (689 Views) 
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Economic downturn


Address the longer term challenges
I welcome the second stimulus package of $24 billion. It is larger than most people expect. 

This package is helpful to businesses and households to tide over the immediate future. 

I expect a significant part of it to be wasted and abused. I would have preferred the money to be used in a better way. However, I do not wish to quarrel over this point. 

It is important for the government to address the longer term challenges facing the people. We have to reduce the cost of living. We have to make sure that our locals have jobs that pay adequate wages to feed their family.

The stimulus package does not address this longer term challenges. We must not lose sight of the importance of dealing with these issues. 

I will be alarmed if, after spending the $24 billion, we are back to where we started, i.e. with these challenges causing hardship and uncertainty for the people. 

I want the government leaders to wake up.

Tan Kin Lian

Vote - do you agree that we should also deal with our longer term challenges.


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