Readers might think that I have very reason to be cynical.
Graduating in 1999 with an engineering degree would have been great if not for the actions by the Government to welcoming foreign engineers into our economy which kept all engineers on a low salary scale. As a consequence of that, Engineering departments in local universities became dumping grounds with better engineering students aspiring to succeed as bankers instead of joining the technology field.
The SMRT breakdowns are a symptom of at least a decade of prioritising services over operations.
The government timing to refocus on engineering could not be better. And I should be upset as I’m already in Law School and the new SIM university would be soon in place to create a steady supply of community lawyers possibly making me the worse market timer for my human capital in the financial blogosphere.
Should I be bitter ?