IF THE ECONOMY REALLY GREW BY 7.1 PERCENT...

PNoy’s boys are trumpetitng far and wide the supposed 7.1 percent  growth in the economy for the third quarter.

Presidential Spokesman Edwin Lacierda even claimed in a press conference yesterday that the government believes the people are feeling the gains from the economic growth.

I’m not an economist. I won’t say that there’s no  growth but here are few observations, and questions:

Dollar inflows from overseas Filipino workers (OFW) and the Business Process Outsourcing (BPO) sector were among the main reason citedfor the supposed growth.

Huwag nating kalimutan na ang mga OFW ay SUMUSUWELDO MULA SA KANILANG MGA AMO SA IBANG BANSA, HINDI DITO. Kaya kung lumaki man ang halaga ng naipapadala nila, iyun ay dahil sa EKONOMIYA NG BANSANG KANILANG KINAROROOAN, at hindi dahil sa ekonomiya ng Pilipinas.

Ang BPO sector naman ay mga taga-ibang bansa rin ang KARAMIHAN sa mga customer.

Unless PNoy’s boys can present VERIFIABLE  RECORDS that the BPO sector catered to a lot more Filipino customers than foreigners, IT’S ABSURD to claim economic growth out of it.

Anybody correct me if I’m wrong.

Government spending, and its repercussions like new jobs, was another supposed proof of the economic growth.

Tandaan natin, mga kababayan:

Magmula nang maging Presidente si PNoy, IISA PA LAMANG ang naitala at nakita nating Sambayanan na imprastrasktura napatapos ng gobyerno niya. Ito ay ang underpass sa Araneta Ave.sa Quezon City.

Anybody correct me if I’m wrong.

Other than that, PNoy’s government practically SPENT NOTHING on infrastructure projects and other basic needs of the people. 

Sa halip, puro BAWAS SA BUDGET ng iba’t-ibang ahensiya o proyekto ang pinaggagawa nila. Kaya para sabihing gumanda ang ekonomiya dahil sa paggastos ng gobyerno ay para na ring sinabing SI PNOY ang dahilan.

The National Statistics Office (NSO) itself reported that as of July this year, 7 percent of the population or 2.83 million people were jobless. The following month, a survey by Social Weather Stations (SWS) showed that  47 percent of the people considered themselves poor.

July and August ARE WITHIN THE THIRD QUARTER.

Kaya PAANONG NANGYARING lumago pa ang ekonomiya ng 7.1 percent sa panahon ding iyun?

Lastly, consumer spending was also cited as proof of economic growth.

Mga tanong:

Gaano ba ang itinaas ng halaga ng ginagastos ngmga tao? TUMAAS BA ang suweldo ng mga manggagawa? Kung tumaas man, gaano kalaki?  DUMAMI BA ang bilang ng mga nakapag-aral? BUMABA na ba ang presyo ng mga bilihin kaya’t mas marami ang nabibil ng sambayanan?    

I repeat, I’M NOT SAYING that there has been no growth.

I simply want to be ENLIGHTENED. I WANT TO KNOW THE TRUTH. 30