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Continue reading →: Sona 2012: Reviewing Aquino’s “Social Contract” and performance (Part 1)
On job creation On June 30, President Benigno Aquino III will mark his second year in office. Then on July 23, he will deliver his third State of the Nation Address (Sona). How do we assess his performance so far? One approach is to gauge Aquino’s achievements vis-à-vis the promises…
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Continue reading →: Economic growth not creating jobs, excluding the poor
First published by The Philippine Online Chronicles For the Aquino administration, the past week has been all good news. First, the impeachment it initiated against Renato Corona ended in its favor, with the Senate convicting 20-3 the former Chief Justice. Second, first quarter data showed that the economy grew by…
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Continue reading →: Aquino overstating gains from Corona conviction to hide own agenda
President Benigno Aquino III, in his official statement, described the gains from the conviction of Renato Corona this way: “Ang pinakamalaking handog ng paglilitis na ito: Muli po nating napatunayan na posible palang makamit ang pagbabago. Posible palang magkaroon ng justice, at hindi puro “just-tiis” ang litanya sa ating bansa.…
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Continue reading →: Oil overpricing continues despite rollbacks
For the fourth straight week, oil companies rolled back the price of petroleum products. Flying V led the latest round of price cuts, reducing the price of diesel by P0.30 a liter and gasoline by P0.50. Other oil players are expected to follow suit. The Department of Energy (DOE) said…
