Tags: ERP

BY ARNOLD PADILLA Contributor Bulatlat Part 2 of a two-part series As Filipino workers marked Labor Day last May 1, about 400 from their ranks are being displaced daily as fallout of the global economic crisis. By the Department of Labor and Employment’s (DoLE) own reckoning, the global crisis has already displaced almost 50,400 workers…

Part 1 of a two-part series Publicized as a “stimulus package”, the Economic Resiliency Plan (ERP) is criticized even by neoliberal economists as severely lacking in funds to stimulate economic activity amid the global downturn. Aggravating these funding problems is the perennial shortfall in government revenues to support its expenditures thus, government will further increase…