More PINOYs Considered
Themselves Poor . . .
– SWS Highest
“SELF-RATED POVERTY LEVEL
during P-NOY’s Administration”
A “Redundant”
COMMENTARY:
“AS I SAW IT COMING!”
GMA’s PAST MISTAKE, NOW
P-NOY’s MISTAKE?
By LEON ESTRELLA PERALTA
Sometime 24 January
2012, a Macro Position Paper entitled
“ IT’S THE SOCIAL ECONOMIC REFORMS
PROFESSOR!!!” authored by the undersigned was uploaded in this Blog Spot
for two purposes, to wit:
1. To rebut the well publicized Position Paper of GMA entitled
“IT’S THE ECONOMY STUDENT!”
2. To call the attention of P-NOY’s Administration to study the
past mistakes of GMA with respect to fighting poverty in order for them not to
commit the same mistakes of GMA.
Relative to the above, apparently P-NOY and his economic
bright boys failed to learn from the aforesaid past mistakes of the Arroyo
Administration and seemingly have forgotten the saying “ITS BETTER TO LEARN
FROM OTHER PERSON’S MISTAKE THAN TO LEARN FROM YOUR OWN MISTAKE” for the latter
part of the saying spells a politically fatal result as well as extreme
suffering of the ordinary Filipino People. AS I SAW IT COMING, history will be repeating
itself for P-NOYs apparent failure to learn from other person’s (GMA) mistake.
In view of the foregoing, the said Macro Position Paper
entitled “IT’S THE SOCIAL ECONOMIC REFORMS PROFESSOR!!!” A REBUTTAL TO GMA. . .
A LESSON OF THE PAST for P-NOY is hereby re-uploaded to be an integral part of
this “Redundant” COMMENTARY.
“It’s the
social economic reforms,
professor!!!”
(A Macro Position Paper)
A Rebuttal to GMA . . . A lesson of the past
for P-NOY
GMA’s well publicized Position Paper entitled “IT’S
THE ECONOMY, STUDENT!” (Pls. see related news
article below )boasted her regime’s economic gains at the same time
lambasted P-Noy’s poor economic performance for 2011. While it is actually
true that GMA had achieved economic gains during her past administration, this
truth is inutile in her administration’s fight against poverty. The GMA
administration’s yearly positive economic growth rates within the span of 10
long years conspicuously did not cure the economic standing of the poor and had
placed a large number of the lower middle class to imminent poverty or near poverty. Generally,
considering the actual facts of the past administration, we could conclude that Good
Economic Standing of the State does not necessarily mean economic recovery for
the masses; a true picture of GMA’s past presidency. GMA’s failure to
install genuine social economic reforms specifically lowering down the prices
of petroleum products, electricity, water, and all basic commodities in a “socially economic curable level” (Please see below its definition and
description(s) by the herein author) was the big reason for GMA’s failure of her administration’s fight
against poverty. GMA apparently aggravated the economic condition of the poor when
she signed the E-VAT LAW which mandated the imposition of Value Added Tax (VAT)
for petroleum products, water, and electricity. The E-VAT LAW, adding insult to
injury, had caused a fatal blow to the long desired economic recovery of the
poor and likewise, this consequently had shaken and weakened the economic
stability of the lower middle class hence, had created a new class in our
society, referred to by the herein author as the “MASSES IN GENERAL” (Please see below author’s definition and
description(s).
While history was unfolding in
P-Noy’s initial successful fight against the alleged “Mother of all SCAMS,”
twin bleak news came into the limelight. The Pulse Asia survey
specifically concluding the worsening economic condition of the people and the
news about the declined growth rate of the national economy in 2011 have
dampened P-Noy’s initial victory against graft and corruption.
History of P-Noy's 1 1/2 years of presidency apparently taught him
and his economic team that their failure to spend what is on the 2011 budget
mainly for infrastructure had a fatal intertwined setbacks in the general
economic standing of the country and the economic standing of the poor and
likewise the lower middle class. Seemingly, it’s the history of their said past
action that P-Noy’s administration decided to spend 438.8 Billion pesos this
2012 for sustained, rapid, economic growth. This comprises 24.2 percent
of the 1.1816 Trillion pesos National Budget of 2012. Specifically, the
2012 economic budget will fund 182.2 Billion peso infrastructure program
according to a DBM report. (Please see below related news article).
Relative to the aforesaid, to spend BIG is generally a GMA economic formula
and definitely will lead to the economic recovery of the state but not
necessarily transcend to the economic recovery of the “MASSES IN GENERAL”. The aforementioned reality is the true
picture of GMA’s 10 year presidency, a healthy economic condition of the state
but a sorry economic condition for the “MASSES IN GENERAL”. The nation and the rich
are getting richer, the “MASSES IN GENERAL” getting poorer.
Of course, P-Noy’s copy cat economic program as proven by
the economic performance of the past administration would surely lead to more
employment and money to spend for the “MASSES IN GENERAL” but again, if genuine social economic reforms would not be installed
vigorously with intensified Political Will by P-Noy, the current crippling
prices of petroleum products, electricity, water, and all basic commodities, if not lowered to a “socially economic curable level”, would greatly neutralized the aforesaid. As a result, this would
be construed by the “THE
MASSES IN GENERAL” as
simply cosmetics or simply anesthetics for the same would not see and feel
the truth of the sorry state of their economic standing.
DEEPLY, THE ECONOMIC UPLIFTMENT OF THE "MASSES IN GENERAL” MUST HAVE THESE ELEMENTS: Enough money to spend for all their basic
necessities, enough money to spend for their desired education and enough
savings for future capitalization for them to be able to engage in small
businesses without resorting to “loan shark” financing. IDEALLY, THESE ELEMENTS WOULD TRIGGER THE UPLIFTMENT OF THE
SOCIAL ECONOMIC STANDING OF THE “MASSES IN GENERAL” WHICH WOULD INITIALLY
NARROW THE GAP BETWEEN THE RICH AND THE POOR AND ULTIMATELY CREATE A “DRAGON MIDDLE CLASS” . . .
History has proven the GMA presidency’s economic
programs had continuously widened the gap between
the RICH AND THE POOR and had shaken &
weakened the economic stability of the lower middle class which had placed a
large number of the said class in imminent poverty or near poverty by her
administration’s failure to install the aforesaid specific genuine social
economic reforms for 10 long years. It is a kind of social reform that should
had brought down the prices of petroleum products, electricity, water and all
basic commodities in a “socially economic curable
level” which should have had
ultimately created a “DRAGON MIDDLE CLASS.”
Will history repeat itself in P-NOY’S presidency?
"IT’S THE MISTAKE
OF THE PROFESSOR,
STUDENTS!!!"
We all have to STUDY the past in order to know the present . .
_____________________________________________________________________
Meaning and Definition:
“MASSES
IN GENERAL” –
A mixture of the poor and a large number of the lower middle class who are now
in the brink of poverty or near poverty.
“SOCIAL
ECONOMIC CURABLE LEVEL” – downgraded prices of petroleum and petroleum products,
electricity, water and all basic commodities that would bring about the
upliftment of the Social Economic standing of the “masses in general” which, if
implemented, would initially narrow the gap between the rich and the poor and
ultimately create a DRAGON MIDDLE CLASS. Specifically, this will bring about to
the “MASSES IN GENERAL”: enough money to spend
for all their basic necessities, enough money for their desired education, and
enough savings for future capitalization to be able to engage in small business
without resorting to “Loan Shark” financing.
“DRAGON MIDDLE CLASS” – An ideal middle class that has a very strong
economic foundation and to its inclusion, a large part or percentage of the
productive population of the country
_____________________________________________________________________
By LEON ESTRELLA PERALTA
Founding Chairman, ANTI-TRAPO MOVEMENT of the Philippines
Political and Human Rights Advocate
http://antitrapomovement.blogspot.com
