Why cause hardship in the name of paternalism?
There are many poor buggers out there who can make their lives so much better, or breathe a sigh of relief when they can lay hands to their hard earned life savings. Even $20k is a lot of money to these humble people who have been living from hands to mouth all their lives. The question is why deprive these poor buggers from having a few days easier? And many of them will have to set aside $30k in Medisave and another $120k in the minimum sum which they may not touch before they kick the bucket. For sure, many will have to leave behind at least $30k in the Medisave. Is this good for the people? Is this what paternalism is all about? Or should the meaning and definition of paternalism be changed? Many terms in the dictionary should also be changed to accommodate such a new definition of paternalism when one cannot distinguish between good and evil, mean and kindness, helping and oppressing. Like the famous phrase, with such good friends, you don't need enemies.