“Marcos Jr. ‘s disbelief at the rising inflation rate shows his nonchalant attitude and extreme disconnect with the hardship experienced by Filipinos. His life of opulence is far from what ordinary hand-to-mouth Filipinos go through.”
“The latest round of price hikes will definitely hurt consumers including low to middle-income earners and especially poor sectors like farmers, fisherfolk and urban poor.”
Gut issues, topped by fast-rising inflation led by spikes in the price of rice and other foods, hit the people hard in September. Beleaguered, the Duterte regime cooked up the “Red October ouster plot” hoping to distract us, but it looks like the problem will persist (like a pesky esophagus?) for the rest of its…
MANILA — How are farmers and fisherfolks, the country’s poorest sectors reeling from the effects of rising inflation? On Oct. 13, farmers and their families engaged in a ‘Hunger Games-like’ contest for survival to illustrate how the poor live each day amid the rising prices of basic necessities. They held games like Duter-Darts, NFA Sack…
Just as the rice harvesting season begins, Super Typhoon Ompong is predicted to hit food-basket Cagayan Valley today. Rather belatedly, the Duterte Cabinet economic development cluster has been scrambling to finish drafting an executive order to deal with the prolonged crisis involving the supply and price of rice, and to mitigate the surging inflation which…
By HEATHER ANN AMOROSO Bulatlat.com MANILA — Days after the Philippine Statistics Authority revealed that the country has hit another nine-year high inflation rate, members of women’s group Gabriela protested in front of the Department of Agriculture (DA) against the high inflation and demanded the government to take immediate and concrete steps to ensure ample…
By MARK WEISBROT Truthout International Posted by Bulatlat.com Alan Greenspan had a dream, or rather a nightmare. Greenspan seems to have woken up in a cold sweat one morning in fear that the period of “disinflationary pressures” that had kept inflation low since the 1990s was about to end. This was 2007, when he published…
Time and again the specter of inflation and factory closures are being raised every time a wage increase is in the offing. And it is terribly insulting to workers that again this is being raised even if the wage and allowance hike being floated for workers in Metro Manila is a mere pittance at P20…