What is the best way to meet the people's needs? SM Lee, Jamus Lim debate COE scheme
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While they are both keen on addressing the needs of Singaporeans, Senior Minister Lee Hsien Loong and the Workers' Party MP Jamus Lim disagreed on the means of doing so, according to an exchange between the two on Facebook on Wednesday (July 16).SM Lee had saWhat is the best way to meet the people's needs? SM Lee, Jamus Lim debate COE scheme
While they are both keen on addressing the needs of Singaporeans, Senior Minister Lee Hsien Loong and the Workers' Party MP Jamus Lim disagreed on the means of doing so, according to an exchange between the two on Facebook on Wednesday (July 16).SM Lee had said during a dialogue at the Economic Society of Singapore's (ESS) annual dinner on July 15 — where he was also conferred the title of Honorary Fellow — that introducing considerations for different groups' needs and circumstances into the COE system could «make it unworkable». Prof Lim wrote in his Facebook post that while SM Lee had noted during the dialogue that many people had «legitimate claims on an affordable vehicle», he didn't mention a means to adjudicate between these claims.«He then pivoted to how competitive bidding represented the best way to allocate between these claims,» said Prof Lim.«What's sorely missing, however, is how those with genuine needs may not have the purchasing power to meet those needs, even if their needs may have more merit.» Read more
