Aiyah, you another one, kena con by our beloved Minister... a
snippet from Mr Wang's blog:
(1) Singapore faces the challenge of an ageing population (or so
we're told). Current projections show that one in five Singaporeans
will be over the age of 65 by 2030. The government therefore wants
to encourage Singaporeans to have more babies.
(2) Singapore's economy lacks skilled manpower (or so we're told).
The government wants to import huge numbers of foreign talents, to
keep the economy going strong.
.
.
Something is very wrong with the above reasoning, and no one in the
blogosphere seems to have pointed it out yet. So I guess I'll have
to do the job again.
This is it - babies are not adults. Adults are not babies. Let's
imagine that PM Lee's baby-making incentives had succeeded beyond
his wildest dreams and Singaporeans produced 75,000 babies last
year. That means we would have 75,000 one-year-old cute little
chubbies in Singapore today.
But babies can't work. They don't contribute to the economy.
They're not research scientists, engineers, bankers or teachers.
That would take another 20 to 25 years to happen.
