30 Jan '11, 6am

Life in Singapore – Utopia or Dystopia

I am not arguing with Wing Lee Cheong’s assessment of Singapore, but his uninhibited and categorical praise of Canada’s system is misleading. Nothing in this world is free. The “free” services that the author so happily talks about is borne by the increased taxes on the rest of society. This creates a drag on economic growth. Canada has been able to afford this because of its natural resource wealth. BUt for how long? There is tremendous waste in Canada’s health care system. Many of the services are provided inefficiently. The fact that Canadians do not pay a cent for their medical treatment is also a problem. Enough people abuse the system that the cost of maintaining the system is starting to be worrisome. SM Goh may have been wrong about the timing, but he is not totally wrong. Canada’s current health care system is unsustainable in the long run. A simple search through...

Full article: http://www.temasekreview.com/2011/01/30/life-in-singapore...

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