In “Comparing Singapore’s newest and oldest MRT“, Khaw said:
Khaw was trying to justify the broken MRT system by implying that the North-South Line (NSL) was constructed at budget-airfare cost. It was not.
To arrive at today’s dollar, Khaw’s imputed inflation rate over 30 years: 63%. (see table below)
But what has increased by only 63% in any 30-year period since 1980?
1. HDB flats 2. Healthcare costs 3. Cost of education 4. Workers’ salary 5. Ministers’ salary 6. None of the above
The official inflation rate is totally disconnected from reality: at today’s prices, $2.7 billion spent on constructing NSL in 1980s could not be only $4.4 billion. Unless we ignore common sense.
NSL (and EWL) will continue to fail because it wasn’t designed for the current population. Better to spend his energy thinking of a revamp instead of cooking up excuses and implementing more tweaks which will further destabilize the system.