Practise what you preached
After Mah Bow Tan, Lim Swee Say met his residence and provided the most brilliant arguments so far for all the price hikes and high cost of living. He looked so earnest and sincere. He told the audience that there was no reason for the Govt to want to make life difficult for the people. The price hikes were necessary. The Govt worked on the principle of market forces. The Govt did not want to meddle with market forces and people must be prepared with the consequences of market prices. As for ERPs, it was a separate issue. It was done to curb traffic congestion. I think they are planning ahead, for a 6.5m population. Otherwise, with the high cost of petrol, no one is going drive around just for fun and will cut down on driving when possible. This will take place even without the increase and hikes in ERP toll rates. In other words, there will be lesser driving around. He also revealed that the high cost of living was affecting everyone. I believe him. Those holidays in the US or Europe are going to cost more. Those children studying overseas are going to ask for more pocket money. Got to feed the limousines more, the aircons, and pay more ERPs. Now these are expensive things and even millionaires will have to pay more. Pity them. OK, the Govt is not going after more revenue by all the increases. It is just market forces. Then can we let market forces determine how many people go over to JB by removing the 3/4 tank rule and the tax on purchases bought over there? In fact we should practise this market force principle fully. No more subsidies for housing and medical fees, or education fees as well. Let the market decides how much it should be. And no more compulsory savings. These are against market forces. Was Lim Swee Say able to convince those people listening to him? For one, I am not convince even a little bit.