Ethan_
Great Supremacy Member
- Joined
- Sep 27, 2007
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Think the idea of 'rainy day' is emergency when need to use money, will have to use. Not those impulse buy can think about it. So, people saving for such will still use it, abet for themselves. No hesitation there.Not really. People say they save for themselves but when the need comes, they are hesitant to unlock the savings saying not the time now.
And it’s not that we don’t have a future generation. We have a declining TFR and not a non existent TFR. There is still a future generation
Also, can we say that the previous Pap did not really save for the future generation when they gave cheap HDB to boomers and now we are facing the price and complaining? So now if we ask the govt not to save for future generation but spend on us we will earn the ire of the next generation just like how we feel towards the previous generation?
Remember. There is a declining future generation but it’s still there. Saying don’t save for future generations is just selfish. As it is, a lot of debts of today will have to be borne by the future generation. For example, as we are an aging population, I foresee the next generation will be tax burdened more to cover our medical expenses when we are old and not able to pay taxes anymore
As for future generation, there will always be a future generation there. But is there an end point to that?
Those that don't have next generation asides. Those in the present is their parent and grandparent future generation also. Problem is if every generation go tell that generation its for the future generation. Thus sort of skip them by of sort. How does that make sense to those that need it now more than future leh.
Thus the mysterious 'future generation'. Siang lai ay. Think many would like to know. When then does (and how to decide) that future generation become the reality that can use it.

