The new agenda

Worst recession is coming, tighten belt, prepare for more retrenchment. And the new catchphrase is frugality. The Ah Sohs have been interviewed and appeared on TV talking about cutting down on their expenses, checking prices and go for the cheapest food stuff. Everyone is worried and is saving every cent they could. What, a few months back we were clapping and cheering that we are living in our golden years. Or was it a golden mirage? Why everything is so gloomy and dark? Don't be deceived by such thoughts. Many are still buying the new Ferrari or Lamborghini or the new pleasure boat just because it is a new model. And they already have a few in their garages or in the marina clubs. Many are living the Swiss standard of living and all these little increases in petrol or rice is of no significance. It only affects the Ah Peks and Ah Sohs in the hardlands. While we should be happy for those who are having a good time, lets do something for these hardlanders when living is really going to get worst. What is the point of saving a few cents or a few dollars when one admission into a hospital could wipe out their life savings? Why still insist that people must pay for the most expensive wards that they are deemed to be able to afford? Lets be frugal. Frugality is good. Lets put it into practice. People who want to save every cent must be encouraged to do so. Provide more C wards and do away with the mean thing.