The Arroyo government has had the lowest allocation for social services.
In 2010, the Arroyo administration was only spending P7 per Filipino per day on education, P1 on health and 16 centavos on housing – while paying the equivalent of P22 on debt service.
A self-proclaimed economist, Arroyo failed to improve the lives of the Filipino people.
The Arroyo government’s economic strategy built on free-market policies has removed trade barriers, has given full control of investments to foreign investors, privatized public utilities and social services deregulation and debt payments.
Under the Arroyo administration, workers have had pittance wage increases.
In 2009, the minimum wage was between P345 and P382. A family of six needs nearly P1,000 to live on every day.
The prices of basic commodities become too expensive.
As of July 2009
The Arroyo regime also had the longest period of high unemployment rate, the highest in Philippine history. In January 2010, there were 11.4 million jobless and underemployed Filipinos. It is not surprising, therefore, that more Filipinos were forced to find jobs abroad, with 3,898 leaving the country every day. The exodus of Filipino laborers, including skilled workers and professionals, is a manifestation of an ailing economy.
Instead of implementing genuine agrarian reform and nationalist industrialization to beef up the local economy, the Arroyo government extended the bogus Comprehensive Agrarian Reform Program (CARP), neglected the farmers and favored the foreign corporations and big business at the expense of small and medium Filipino entrepreneurs.
Clearly, Arroyo should be made accountable for all these atrocities inflicted on the Filipino people. <em>(With reports from Anne Marxze Umil/bulatlat.com)