What is this hoohaa about welfarism?
Welfarism seems to be a taboo word. Everyone is so frighten of it as if it is leprosy. But are we talking about welfarism when we ask for the surplus of reserves or profits from investing the country's reserve to be returned to the people? The money belongs to the people. The capable people managing the reserves are managing the people's money, not someone else money. There must be a formula to return some of these profits back to the people. Or else where or whose pocket should the profit go to? More mega projects? Let's give back the money to the people who needs them instead of upgrading of parks and beautifying this and that. A couple of hundred bucks maybe worthless to the have's but mean a lot to the have nots. And returning profits from investments to the people is not welfarism. They get a share of the nation's wealth which they are part owner, and only from the profits. Not a permanent feature where the people can demand for it regardless of profit or loss. It will make more sense for the people to feel and share the wealth of the nation than just seeing the money grows and big fat bonuses being paid out to the managers while they get nothing.