Friday, February 02, 2007

Forumers should ask less, listen more

It would be very helpful if forum participants asked less and listened more, especially with regard to current issues like GST and Temasek's losses.

No government is perfect. So what if Temasek lost a lot of money in Thailand? The legendary hedge fund manager George Soros also lost billions during his yester years when some of his trades went wrong. But his overall performance still make him a super star in his industry. The same can be said for Temasek, and GIC for that matter.

As for the GST issue, the government has explained very clearly that the offset packages for the poor would more than compensate for the GST increase. The net result is that the poor are better off, and the rich have to pay slightly more to help the poor. Isn't this what we all want? What are people here complaining about so much for?

The PAP government (may the PAP progress!) is forthright, transparent and perfectly candid. If forum participants would just sit down and listen rather than shoot their mouths off at everything that moves, they would easily be able to see that too.

Goh Bock Seng

No comments: