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Normal Topic HK gov $4,000 cash handout a waste of money? (Read 354 times)
garmato
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HK gov $4,000 cash handout a waste of money?
Mar 24th, 2018 at 8:35am
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HK gov is giving away $4,000 cash to 2.8 million citizens (total $11 billion). Is this really a good use of surplus money? Surely $11 billion could be put to better use.

$4,000 is 2 weeks worth of work at minimum wage.
  
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Ger
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Re: HK gov $4,000 cash handout a waste of money?
Reply #1 - Mar 25th, 2018 at 9:34am
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Seems a overly cumbersome and bureaucratic task to assess who will be the recipients.  Jobs for the boys maybe.

Though there are many to whom $4,000 is a large sum what can be achieved by handing it out as a one-off payment is less certain.

I think it's more a question of the government balancing its books by topping up the accounts of those not entitled to tax or rates rebates.
  
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