Cecilia Cheung helping needies in Singapore |
The transport ministry announces bus fare subsidies of $50 million a year for 400,000 low wage workers and 50,000 disabled workers. This is less than $10 per worker per month.
In sharp contrast, Singapore has huge sovereign wealth funds with investment returns that can afford a citizen dividend of thousands and thousands of dollars for every citizen regardless of age.
So how do you reconcile these two extremes?
In sharp contrast, Singapore has huge sovereign wealth funds with investment returns that can afford a citizen dividend of thousands and thousands of dollars for every citizen regardless of age.
So how do you reconcile these two extremes?
Singapore politician, Lee Li Lian, helping needies in Singapore |
Poverty is not natural. It is man-made.
ReplyDeleteNelson Mandela