Is it too early to rejoice over S$48B of Resilience Package? On one hand, I am glad that the government is providing help. On the other hand, I am really worried for the long-term future of Singapore. Also worrying for me is the mindset of many Singaporeans who always think that our Government is very rich and can dish out money for us, regardless of what crisis we are going through.
Sars in 2003
SARs started early 2003 and ended Jul-Aug period with 238 cases and 33 deaths in S’pore. Globally, 8,000 plus cases with 11% fatality. The high % of death is likely due to the comparatively less prepared S’pore and also the less medical advanced facility in Asia.
SARs epidemic lasted only a few months, but impact is great for S’pore. It was still very vivid for me as job hunting was extremely difficult. For S’pore economy, initially visitor arrival plunged. Tourism,...