lo_pak

回復 74# peter236

If population is still growing and the GDP growth rate is faster than the debt increase, the situation is not that bad...

But as you said, I agree that a surplus budget is always better than a deficit budget in the long run... A better resource allocation to stop wasting should be the way to go.

Compared to HK and Canada, I feel like Canada better as it has more potential to growth in a healthier way.

In HK, productivity relies heavily and solely on human captials, this type of system can ultimately crashed if there is no buffer between the rich and the poor. The system does not know how to regulate itself without rules/regulations applied, so sad...

lo_pak

回復 76# peter236

Same as HK and everywhere around the world, we need the $$$ from China.

I'm not blaming HK to rely heavily on human capital, I just don't feel like the HK SAR government has done something to improve the allocation of human resources. Having fight for that many years finally got a minimum wages bill to start at $28/hr, quite ASTONISHING... Is it supposed to be the wages 10 years ago?

Do you have any good idea how to solve the "in-work poverty" problem?