-
Advertisement

A letter to Mr John Tsang on the cash handouts

Reading Time:2 minutes
Why you can trust SCMP

Dear Mr Tsang,

As a concerned high school student, I am puzzled by your decision to give HK$6,000 to every permanent resident as a way to spend the budget surplus.

While cash handouts in theory return money to the pockets of the people, I wonder how significant an impact it will have on the economy and social stability.

Advertisement

With rising inflation and housing prices, as well as needs in the areas of health care, education and the environment, surely there are other more pressing issues that could do with the money.

Is there really no better way to improve the quality of life of the people in the long run?

Advertisement

Cash handouts are not a bad thing - for many it is a belated lai see packet. However, we expect our officials to plan for our future, and I do not see how such short-sighted measures will increase Hong Kong's competitiveness or even social stability.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x