Sunday, April 19, 2020

Rhetoric and nonsense cannot justify bad decisions

Here is one nonsensical statement that some people throw at me - Mr. Tan, what is more important, money or lives?

This is my answer. We are probably spending $10 billion ($4 billion from the government stimulus measures and $6 billion from losses suffered by businesses and households), to save lives.

Nobody made any estimate about how many lives we would save by spending the $10 billion.

It cannot be that many, because so far, only 11 people have died from covid and another 23 are in ICU and some may die also.

The irony is - after spending (rather wasting) $10 billion, we will not be saving that many lives.

Rhetoric and nonsense cannot be used to justify wasting money that can be used to alleviate poverty and hunger in Singapore or in reducing the stress from the high cost of living in Singapore. These "diseases" kill more people than covid.

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