Saturday, February 18, 2006

I'm no economist, but...

I'm not a numbers-man, or an economist, but.....

I wonder amidst the jubliation over having free-bies, has anyone noticed this -

Dr Ng Eng Hen On WP's idea of using reserves to help the needy and poor
Dr Ng said the PAP government believes in giving only what they can afford, like the workfare bonus which will come from surpluses.
[link]

Singapore to post Budget surplus of S$430m: PM Lee [link]

$2.6b Progress Package for lower-income groups, elderly, NSmen [link]

But wait, if you have $430m surplus, how can you spend $2.6b in freebies?

I thought they said all freebies must come from surpluses?

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