It is good if everyone can make more money. The govt makes more money, the people make more money, everyone else make more money, including the foreigners. Making a lot of money is not a bad thing. It is good, really.
The trick is making more money from who and for who. Our govt has made plenty of money and a huge reserve. Who are the main beneficiaries of this wealth? Why are the people feeling the pinch and some calling for mercy? Obviously they are not benefiting from the prosperity of the country. I am not commenting on who the HDB is making money from, if they are making money at all, as they recorded something like $1b or $2b loss a year ago, I think. It was in the papers. Likewise the other ministries and stats boards and their money making policies, and who they are making money from.
I am fully behind the govt for making money as their top priority. The whole country must be restructured to make money, but not solely from the people. We can import more foreigners too, if they can help us to make more money, subject to how many our little piece of land can take.
The next most important priority is to make sure the Citizens benefited from all the wealth created. Let the Citizens be the ruling class. The wealth of the country must filter down more to the Citizens, not $10m for you and $1k for me.
Redesign and re prioritise
The govt can redesign the benefits of citizenship and make citizenship a very special class of people, the owners of the land, and not be given to any Tom, Dick and Harry. Make citizenship a privilege class, even an entitlement class, with the right to a share of the nation’s wealth and cheap housing and facilities. Isn’t that what a govt is for?
The country has already set aside a huge reserve. The reserve needs lesser top ups from the profits of the country’s future investments. A bigger portion of the profits can be returned to the Citizens.
The PRs, the foreign workers and professionals can work and live here, to contribute to our wealth. That is the whole purpose of their presence in our land. Let them work for us, treat them well, but don’t forget that this is OUR Country and we own this piece of rock. We provide them with the opportunities to work, to make a good decent income, safety and security, and a good place to stay. We must be rewarded for that. If they think they have a bad deal here, and have no choice but to come here, they can go elsewhere. You have to pay to visit Disneyland! What more if they even allowed you to make a good living here?
If the wealth and benefits of the country are well filtered down and shared by the people, there will be less anger and more pride and commitment to the country and govt.
Make Singaporeans the ruling class of their homeland. They are not daft. Many policies of citizenship/population must be tweaked to accommodate a new system and priorities in favour of the Citizens. Singaporeans be the master, the owner and main beneficiary to this paradise that we have created. There must be a distinction between a Citizen and others. In Rome, not everyone is a Citizen. Don’t throw away our citizenship like casino chips if they are really worthy.
PS. We already have a very exclusive ruling class.