We beg to differ.
As I write this, there is some sort of symposium conducted by “PhD Candidate” JC Punongbayan of the UP School of Economics dubbed “Numbers don’t lie, people do: Dissecting the Philippine economy in the time of Marcos and Duterte” currently in progress. One does not really need to attend this event seeing the title and…
In the midst of big time oil price increases in the country, you can hear every Juan and Pedro complaining about how harder it will be to make ends meet. Some will go to the extent of politicizing the price increase just to be able to throw some cheap shots at the Duterte admin. Yes,…
Why did the Philippines grow a car culture to begin with? Filipinos can neither make cars nor fuel them using their own domestic resources. They neither have the roads on which to drive them comfortably nor the discipline and precision of design to keep traffic flowing smoothly. Indeed, what the supposed “car culture” Filipinos take…
Many “activists” allied with the Yellowtard-led Philippine Opposition have been screeching about the slide of the Philippine peso against the US dollar — hinting that this is indicative of mismanagement of the economy by the government of Philippine President Rodrigo Duterte. The fact is, it is not entirely true that the peso is depreciating against…
Read More “Blame on Duterte government for Ph peso depreciation UNFOUNDED” »
The “debate” around the best short-term solution to combat the rise of the prices of rice mirrors the overall flaw in the traditional “activist” rhetoric. Shrill communist and Opposition “activists” want lower prices (supposedly empathising with the kawawa naman poor). Yet they cannot reconcile this cry for cheap rice with the plight of the farmers…
Read More “The increase in rice prices is not an act of God nor is it an act of Duterte” »
According to the Yellows, the leftists and all other anti-Duterte forces, our country is currently in a state of economic turmoil. With the “crippling” 6.4% inflation rate, the Yellows assert that aside from ordinary working class Filipinos being burdened by the increased basic commodity prices the poor (which make a large chunk of the nation’s…
Read More “Taxes suck but people’s government dependency suck more” »
For once, the Philippines’ “vice president” Leni Robredo said something right — and with conviction — rather than pander to populist sentiment like she usually does. Asked what she thought of the reported hardships Filipinos could be facing if inflation rate trends continue, she urged Filipinos “to curb their spending habits, save and find ways…
Read More “Defending Leni Robredo’s “anti-poor” statements” »
Much has been said about the poor being unable to escape the simple poverty equation I proposed earlier — that to escape poverty, one merely needs to spend less and make more money. For most Filipinos, the challenge is keeping ahead of inflation. For poor people whose spending is almost entirely confined to just the…