What is the use of having billions of dollars when the citizens are forced to sleep on the street or spend the night at McDonald’s – due to a lack of space in their tiny cubicle homes or to save on electricity bills?

Our administration has posted budget surpluses of billions of dollars for the last six or seven years, touching HK$138 billion this year, but residents still have to wait for more than five years for public housing. Meanwhile, the disadvantaged are cramped in fire-hazard subdivided flats without proper ventilation or living conditions, sidelined in the interest of “business first”.

The number of McRefugees is increasing every year. The number of new millionaires is also increasing, but still we are dropping down the list of prosperous cities on per capita GDP, now ranked 10th on the IMF’s World Economic Outlook Update, where Macau is second and Singapore fourth.