- Joined
- Jul 19, 2011
- Messages
- 28,113
- Points
- 113
Mr Lee said Singapore is increasing social spending at a time when many other developed countries are cutting back due to chronic budget deficits, and stressed that it would be "easy for Singapore, a small country with no resources, to fall into the same problems".
"Strengthening safety nets is the right thing for us to do. But we have to proceed very, very carefully, because it's human nature to want more without wanting to pay more for it," he added.
"Strengthening safety nets is the right thing for us to do. But we have to proceed very, very carefully, because it's human nature to want more without wanting to pay more for it," he added.