Ah Goh say spend because he want economy be stimulate and justify his million dollar pay. Remember he now sitting in MAS.
Pinky is only half right. If you dun buy, red dot will not even earn anything! And if they cannot tax you enough, they will think of other means to tax you.
My say will be will it bring you value? For me $600 for a camera is not worth it as I dun really need this gadget and hardly will use it. But for you, maybe you will use it every day for 2 years, thus it's $1/day as pleasure. Use longer, the cost goes dun lower.