A lot of people are talking about Philippines‘ Economy and some of them are saying that our economy is turning out better than before thru the help of the Arroyo Administration.
So, is our economy really better than before? Maybe in the point of view of the economists and capitalists our economy is great but for the common people which includes me and more than 70% of the people in the Philippines we really can’t see anything good that is happening to our economy.
The problem in the Gloria Macapagal - Arroyo Administration is that they really don’t seem to care about the needs of the Filipino people. They keep on insisting that the economy is getting better, but what the common people needs is for their life to be better.
They tell us Economy is getting stronger but the prices of all commodities are rising. Along with the price hike is low wage and worst of all, unemployment.Our government keeps on telling us that they are offering many job openings for the Filipino to solve the high unemployment rate in our country, but what they give are 3 or 6 months contractual positions which have no assurance of getting to be renewed. Is this how we solve Unemployment problems Mrs. President
?They keep on telling us that they are really happy that the Philippine Peso is getting stronger against US Dollar. Damn it! A lot of Filipinos are working abroad to earn money for their family here in the Philippines. Do you think they are happy to know that a couple of years ago their 200 USD is equivalent to Php10,000 already and now it is more likely below Php 8,000. Even those who are engaged in exportation feels these problems because they will be earning less. So is this something we should be happy about?
I know that a strong nation come with strong economy, high valuation of currency and strong faith of the people for the government. But what we lack now is the faith and trust of the people in our government.
For those who still insist that the life now is better than before, try to live the way of a common people, experience working your whole life and still you can’t afford to have a time to relax because your salary is almost not enough for your family. Try to live that way and you’ll realize what the common people are saying.
Filed under: Business, Current Events by admin
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[...] Philippines Economy: Better or Worse? A lot of people are talking about Philippines‘ Economy and some of them are saying that our economy is turning out better than before thru the help of the Arroyo Administration. So, is our economy really better than before? Maybe in the point of view of the economists and capitalists our economy is great but for the common people which includes me and more than 70% of the people in the Philippines we really can’t see anything good that is happening to our economy. The problem in the Gloria Ma [...]