“We usually find gas in new places with old ideas. Sometimes, also, we find gas in an old place with a new idea, but we seldom find much gas in an old place with an old idea. Several times in the past we have thought that we were running out of gas, whereas actually we were only running out of ideas.”
Parke Dickey, geologist (1909–95), quoted in Encyclopaedia of Petroleum Science and Engineering
If the PAP wants to rule Singapore for another 50 years, it needs new ideas. Having NatCon isn’t going to help.
Time for a new idea?
Still got time as the “new idea” (for PAP at least) of bribing us with our own money, will keep it in charge until a few years after the next tax increase. PM’s dad had a good point when he didn’t think goodies made much of a difference in the long term. But PM would agree with Lord Keynes, “The long run is a misleading guide to current affairs. In the long run we are all dead.”