By MARYA SALAMAT
Rather than being hyped up about the so-called growth and glossing over damning economic trends, the Aquino government is urged to look into indicators that are relevant to the people, such as adequate incomes, stable jobs and sufficient social services.
By BENJIE OLIVEROS Bulatlat.com Pres. Benigno Aquino III has been so pleased with himself recently. Before the National Economic Development Authority released the country’s growth statistics for last year, President Aquino had already announced that it is something to be proud of, reportedly hovering around 6.6 percent. However, the hype of the Aquino government over…
by IBON Foundation Bulatlat.com MANILA — Pointing out that more jobs and lower poverty incidence are more important development indicators, research group IBON criticized Pres. Benigno Aquino for overemphasizing the performance of the local stock market and prospects of higher foreign investments. IBON was reacting to the statement of Pres. Aquino in a speech before…
The 1986 People Power uprising created a moment of national unity and international credibility that could have been the starting point of real economic progress. By SONNY AFRICA / Ibon Foundation / bulatlat.com
BY ALEXANDER MARTIN REMOLLINO Bulatlat Posted 7:15 p.m., July 28, 2008 Mrs. Gloria Macapagal-Arroyo cannot make any realistic claim of progress today, a representative of the party-list group Bayan Muna (People First) said today at the rally against the State of the Nation Address (SONA). In his speech at the rally in Quezon City, just…
Widespread hunger and poverty, broad dissatisfaction, and the absence of justice belie any claim of accomplishments that the Arroyo government is hard-selling on the people. BY BENJIE OLIVEROS ANALYSIS Vol. VIII, No. 25, July 27-August 2, 2008 Pres. Gloria Macapagal-Arroyo would be delivering the 7th State of the Nation Address (SONA) of her administration on…
Poor people cannot be blamed for not sharing the government’s euphoria over the 6.4 percent growth in the gross domestic product (GDP). After all, they cannot feel such growth, and a close scrutiny of the figures shows that the latest data on the local output only reflects the kind of economy the country has. By…