Well I don’t see waz wrong being in the company of Switzerland, the Netherlands, Austria, South Korea, Japan and Germany. S’pore’s decline is much less than 10%, and it has the company of HK, Thailand, Denmark, Finland and China.
But maybe the government is worried about Indonesia, Malaysia and the Philippines? Don’t want them to be more successful than S’pore?
Whatever it is, maybe it’s about a variation of the theme behind this poem by Bertold Brecht, a famous playwright and Marxist activist (he was even a Hollywood screenwriter in the golden years of Hollywood in the 1930s):
After the uprising of the 17th of June
The Secretary of the Writers Union
Had leaflets distributed …
Stating that the people
Had thrown away the confidence of the government
And could win it back only
By redoubled efforts. Would it not be easier
In that case for the government
To dissolve the people
And elect another?
Actually PAPies know that the workforce won’t really shrink that fast, coz they know that many of those turning 60 and above will still need to work in some form. A majority of Sinkies will need to work for the rest of their lives simply becoz they cannot afford retirement. Problem is that companies don’t want to hire ah peks and ah mahs. So PAPies need to hold open the floodgates while giving a plausible story to the masses.