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Category: Economy

Oil Price hike, nanaman?

Posted on October 3, 2018 By joeld 36 Comments on Oil Price hike, nanaman?
Oil Price hike, nanaman?

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,…

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Economy, Lifestyle

Filipinos have no right to complain about fuel prices because they have no right to drive

Posted on October 3, 2018October 3, 2018 By benign0 15 Comments on Filipinos have no right to complain about fuel prices because they have no right to drive
Filipinos have no right to complain about fuel prices because they have no right to drive

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…

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Culture, Economy, Lifestyle

Blame on Duterte government for Ph peso depreciation UNFOUNDED

Posted on September 23, 2018 By benign0 10 Comments on Blame on Duterte government for Ph peso depreciation UNFOUNDED
Blame on Duterte government for Ph peso depreciation UNFOUNDED

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…

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Economy, Money Talks

The increase in rice prices is not an act of God nor is it an act of Duterte

Posted on September 19, 2018 By benign0 48 Comments on The increase in rice prices is not an act of God nor is it an act of Duterte
The increase in rice prices is not an act of God nor is it an act of Duterte

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…

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Economy

Taxes suck but people’s government dependency suck more

Posted on September 11, 2018 By Hector Gamboa 10 Comments on Taxes suck but people’s government dependency suck more
Taxes suck but people’s government dependency suck more

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…

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Economy, Government, Politics

Defending Leni Robredo’s “anti-poor” statements

Posted on September 10, 2018 By benign0 7 Comments on Defending Leni Robredo’s “anti-poor” statements
Defending Leni Robredo’s “anti-poor” statements

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…

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Economy

The REAL solution to inflation lies in the rich and middle classes curbing NON-ESSENTIAL spending

Posted on September 8, 2018September 8, 2018 By benign0 39 Comments on The REAL solution to inflation lies in the rich and middle classes curbing NON-ESSENTIAL spending
The REAL solution to inflation lies in the rich and middle classes curbing NON-ESSENTIAL spending

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…

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Economy, Lifestyle, Money Talks

The Trillanes circus is not only irrelevant to Filipinos it is making their lives harder

Posted on September 7, 2018 By benign0 17 Comments on The Trillanes circus is not only irrelevant to Filipinos it is making their lives harder
The Trillanes circus is not only irrelevant to Filipinos it is making their lives harder

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…

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Economy

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