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- Dec 30, 2010
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Question to $8 Khaw:What are the challenges ahead for the PAP?
The $8 Answer : That satisfying all almost becomes impossible. What makes populist slogans attractive is they only tell half the story. They tell you what you like to hear but they haven't given you the bill. A responsible party must give both sides of the balance sheet. But very few or none of the opposition parties are doing that. And that's why incumbents find it challenging - not just here but all over the world.
Fortunately, the majority of Singaporeans do understand and support a responsible government. But what we must guard against is an overswing... and to retreat from globalisation.
Singapore succeeded because we opened to the world. It will continue to need to open to the world to succeed. Or our children will leave us for better opportunities elsewhere and we will be very lonely without them when we grow old. That will be very sad. Japan is a good live example
The $8 Answer : That satisfying all almost becomes impossible. What makes populist slogans attractive is they only tell half the story. They tell you what you like to hear but they haven't given you the bill. A responsible party must give both sides of the balance sheet. But very few or none of the opposition parties are doing that. And that's why incumbents find it challenging - not just here but all over the world.
Fortunately, the majority of Singaporeans do understand and support a responsible government. But what we must guard against is an overswing... and to retreat from globalisation.
Singapore succeeded because we opened to the world. It will continue to need to open to the world to succeed. Or our children will leave us for better opportunities elsewhere and we will be very lonely without them when we grow old. That will be very sad. Japan is a good live example
