Deputy Prime Minister Wong Kan Seng claims it's an uphill task to persuade Singaporeans to have more children, "The going is hard, but we have not given up. We will continue to support couples' decisions to get married and have children, and create a pro-family environment." So how sincere is the level of support?
Just look at the incentives the government Baby Bonus Scheme spells out on their website:
- Cash gift of up to $4,000 each for your 1st and 2nd child and $6,000 each for your 3rd and 4th child;
- Contribution in Children Development Account (CDA), a special savings account in which your savings is matched to the cap of $6,000 each for the 1st and 2nd child, $12,000 each for the 3rd and 4th child and $18,000 each for the 5th and subsequent child.
Now, according to APM, France has Europe's second-highest birth rate in part because of incentives offered by the government. Way back in 2006, they were already offering:
- 3-year paid parental leave with guaranteed job protection upon returning to the workforce;
- Universal, full-time preschool starting at age 3;
- Subsidized daycare before age 3;
- Stipends for in-home nannies; and
- Monthly childcare allowances (about $540) that increase with the number of children per family.
Singapore lawyer T. Chin explains why she has no intention of having children as yet, "It's a question of opportunity cost, and I can't afford the downtime from my career. Furthermore, speaking from my own experience as an only child, children are really expensive." It's worse when you have to count on the support of a complacent minister.
LKY already say that if the cash benefits for more babies are too good, they can't afford it.
ReplyDeleteBut I would tend to believe that if incentives are too good, it may have the opposite results ie. the poorer families or the Malays will procreate at a even faster rate than desired.
As someone has exposed that the govt is careful that the benefits in the form of tax benefits are really meant for the better off families to have more babies, are we really to blame for the failure in producing more babies?
@Alan: "the poorer families or the Malays will procreate at a even faster rate than desired"- what are you implying? That only the Chinese and well-off should have babies?
ReplyDeleteMost of us are well aware of the government's bias towards the Chinese and the well-off. It saddens me that level-headed citizens should share such outdated views.
"We must encourage those who earn less than $200 per month and cannot afford to nurture and educate many children never to have more than two… We will regret the time lost if we do not now take the first tentative steps towards correcting a trend which can leave our society with a large number of the physically, intellectually and culturally anaemic.”
ReplyDelete- Lee Kuan Yew, 1967
That is the reasons for the "matching" subsidies. You think the poor has those spare cash of 7years to match?
An Australian paper once calculated that the cost of a baby is AUS $350,000 (+/-) per child, raising him/her to a full 21 years including up to college (public/state). This is not even adding any "enrichment courses". Since SG/AU are rather on par, you can do the math.
I really like reading a post that will make people think.
ReplyDeleteAlso, many thanks for permitting me to comment!
Here is my page bmi chart for men
My name is.Mrs.Anna Daniel. I live in Ukraine i am a happy woman today? i need to use this time to tell all people how i got my loan from this honest and God fearing man loan lender that help me with a loan of $84,000 please contact him. if you also need a loan without any problem he name is Dr Purva Pius email {urgentloan22@gmail.com} tell him that is Mrs.Anna Daniel that refer you to he contact Email {urgentloan22@gmail.com}
ReplyDelete