Creating a new social divide
The high cost of living is going to be the deciding factor in how society will polarise. The rich will be rich and the poor will be poor or poorer. This is a reality that no one can escape. What is unfortunate and apparent is how Singaporeans contribute to this division consciously. Without a healthy bank account or income, the life and future of the lower income are quite bleak actually. No matter how much assistance the govt is going to throw at them, if the poor do not help themselves and lighten their own burden, they will succumb to the pressure of simply living. Families with one or two children will definitely fare better, all things being equal, than those with 4 or 8 children. They just have more resources to bring up fewer children. And they will float to the top of the social class. Those who could not support their abundant children will simply sink lower. This is a natural social law and order. Will this social divide bring more tension and stress to our society down the road? Definitely. And it will manifest in many forms.