"You know, we are treading water today, we're obsessed with the short term. But if that's all we do, we'll eventually be drinking seawater"
About this Quote
The twist is the second sentence, where the metaphor turns predatory. In the ocean, survival behavior can kill you. “Drinking seawater” is what happens when the body’s emergency response becomes self-harm: the thirst is real, the action is understandable, the outcome is worse. That’s the subtext Tharman is signaling about short-term fixes - subsidies that paper over structural problems, populist spending with no fiscal base, growth strategies that ignore inequality, climate, and productivity. You can keep people afloat for a while, but if the only tool is keeping afloat, you normalize crisis management as governance.
Context matters: Tharman has spent decades as a technocratic political leader in Singapore, a system built on long-range planning, institutional credibility, and an almost allergic reaction to improvisation. As President - a role tied to safeguarding reserves and social cohesion - he’s not just critiquing impatience; he’s warning about the slow corrosion of state capacity when every decision is optimized for the next news cycle.
The genius of the line is its moral psychology: it admits why short-termism is tempting, then shows how it quietly changes what “survival” even means.
Quote Details
| Topic | Time |
|---|---|
| Source | Panel discussion: “Debate on the Global Economy: Shaping Economic Policies Amid a Shifting Global Landscape” (IMF Headquarters), 16 Oct 2025; published 17 Oct 2025 (transcript on Istana.gov.sg) |
| Cite |
Citation Formats
APA Style (7th ed.)
Shanmugaratnam, Tharman. (2026, February 17). You know, we are treading water today, we're obsessed with the short term. But if that's all we do, we'll eventually be drinking seawater. FixQuotes. https://fixquotes.com/quotes/you-know-we-are-treading-water-today-were-185624/
Chicago Style
Shanmugaratnam, Tharman. "You know, we are treading water today, we're obsessed with the short term. But if that's all we do, we'll eventually be drinking seawater." FixQuotes. February 17, 2026. https://fixquotes.com/quotes/you-know-we-are-treading-water-today-were-185624/.
MLA Style (9th ed.)
"You know, we are treading water today, we're obsessed with the short term. But if that's all we do, we'll eventually be drinking seawater." FixQuotes, 17 Feb. 2026, https://fixquotes.com/quotes/you-know-we-are-treading-water-today-were-185624/. Accessed 19 Feb. 2026.












