We beg to differ.
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…
What is the biggest enemy of economic growth? You guessed it. Instability. It is therefore strange that the Philippine Opposition led by the Liberal Party (a.k.a. the Yellowtards), who are the biggest shills when it comes to pontificating about the ill-effects of “inflation” and attributing the behaviour of this ill-understood economic indicator to the actions…
Inflation is like taxation. It is a certainty. The only thing that is not certain about inflation is the rate at which it gallops (or trots) along. Sometimes we enjoy low inflation rates and sometimes we suffer high inflation rates. At an individual level, we have no control over the behaviour of this ill-understood economic…
Read More “Whining about inflation (and politicising it) won’t solve Philippine poverty” »
Filipinos would like to think they are “pro-poor” and “pro-worker”. Yet, this is a society where many of its most vocal “influencers” maintain lifestyles propped up by cheap labour. And why is labour cheap in the Philippines? Well, it is not because their employers are “evil” as communist “activists” would like us to believe. In…
Read More “Filipino-style ‘labour activism’ makes Filipino workers poorer rather than richer” »
