2007 - A great year of give and take
All the news in 2007 is simply great. It can best be described as a year of give and take. The govt and corporations are the generous givers and the people and employees are the happy takers. The employed see their salaries and income rising in leaps and bounds. The unemployed also benefitted from the giveaways by the govt. It is a happy story. And even as prices keep spiralling up, housing, cars, food, services and cost of living, no sweat, as long as money keeps coming in. Cost of living up, salary and income up, everything still affordable. What happens when the music stops? For the lucky few where the income will continue to flow in regardless of come what may, nothing will change. For those takers whose income or handouts will stop as a matter of time, then what? As the balloon gets pumped bigger and bigger, more air needs to go in to keep it afloat. Without air, it will deflate. But it will also burst with too much air. We have seen 1997. It was the same old story. Everyone was hilarious and delirious. Maybe 2007 and beyond will be a new miracle. The bubble will not burst. Income and salary increases will be the natural order of the day. Singaporeans have tapped into a nature's oil well that will not go dry. What a wonderful year.