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04-10-2013, 10:20 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
PM’s “right that major policy success hinges on citizens trusting government. And that incorruptibility, impartiality, and integrity are crucial to that trust.” (GIC’s ex-chief economist on Facebook)
But “trust” is an aquifer, glacier or reservoir that needs constant replenishment because of the constant outflows.When more water is used, than comes in, there is a point when the inflow has to be increased, or the outflow limited, or stopped, so that reserves can be built up again.
As I see it, because the govt had not changed policies that need changing, there was and (still is) a net outflow of trust. To put it another way, the bank account containing “trust” that his dad and friends had built up has “insufficient funds”. PM and predecessor (PM was the DPM then) have been living off the old guard’s legacy, taking out more “trust” than they have been putting “in”.
As the former chief economist of GIC put it on Facebook: But what is equally crucial to this trust is the Governments ability to reform current policy and out-moded mindsets and deliver truly affordable and efficient healthcare, public housing, public transport, equitable and high quality education adequate and humane social security and safety nets, and a sensible population policy that does not result in overcrowding and social tensions.
- http://atans1.wordpress.com/2013/10/...o-regained-pm/ (http://atans1.wordpress.com/2013/10/04/trust-has-to-regained-pm/)
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?165010-Trust-has-to-regained-PM&goto=newpost).
PM’s “right that major policy success hinges on citizens trusting government. And that incorruptibility, impartiality, and integrity are crucial to that trust.” (GIC’s ex-chief economist on Facebook)
But “trust” is an aquifer, glacier or reservoir that needs constant replenishment because of the constant outflows.When more water is used, than comes in, there is a point when the inflow has to be increased, or the outflow limited, or stopped, so that reserves can be built up again.
As I see it, because the govt had not changed policies that need changing, there was and (still is) a net outflow of trust. To put it another way, the bank account containing “trust” that his dad and friends had built up has “insufficient funds”. PM and predecessor (PM was the DPM then) have been living off the old guard’s legacy, taking out more “trust” than they have been putting “in”.
As the former chief economist of GIC put it on Facebook: But what is equally crucial to this trust is the Governments ability to reform current policy and out-moded mindsets and deliver truly affordable and efficient healthcare, public housing, public transport, equitable and high quality education adequate and humane social security and safety nets, and a sensible population policy that does not result in overcrowding and social tensions.
- http://atans1.wordpress.com/2013/10/...o-regained-pm/ (http://atans1.wordpress.com/2013/10/04/trust-has-to-regained-pm/)
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?165010-Trust-has-to-regained-PM&goto=newpost).