Business & Economics Perspective Blogger

Manila Bulletin Today is Labor Day, and it's a non-working holiday . Since it's May 1, it's easy for me to think of the Kilusang Mayo Uno movement. The same slogan still shows up almost every rally, "Raise the national wage to PHP 1,200.00 per day." It "doesn't help" that I do get the  Tu Quoque argument or "You too!" fallacy. It may look like "I haven't done much" compared to KMU , but I would like to address truths that would never change. It's all about that one fact, " Economics doesn't care about how many times you insult it. It never bends just to silence the insults. " However, it looks like KMU thinks that if they insult economics enough, economics will bend to their whims. However, history has proven them wrong and will still prove them wrong . This time, I'm going to raise an extreme example . KMU is in the situation of, "You may want it when you don't get it. You may no longer want it ...

  As a blogger, I shouldn't turn on the PC in hopes of becoming popular . It should be to turn on the PC and blog to make a difference . Right now, I think about the controversy when President Ferdinand "Bongbong" R. Marcos Jr. declared the 1986 EDSA Revolution's anniversary as a working holiday . The call for some of the "minority lawmakers" is that they want to return the People Power Anniversary to a regular holiday once more. There are times I feel like, "Should we let it be a regular holiday again, so as not to repeat the Marcos dictatorship?" Sadly, the real answer is that the Philippines has been relying too much on EDSA , so it's practically ending up like Nokia . I was thinking about the reality of February being the most hectic month. February only has 28 days (and February 25 is near the month's end ). I thought that the Philippines also has too many national holidays more often than not. In fact, the Inquirer article written by...

Alice Guo aka Guo Hua-Ping may be in jail now . However, I believe the saga is far from over . It reminds me that I actually wrote about how several idiots on Facebook go so far as to say, " Alice Guo should be a warning about open FDI! " Some have even gone as far as to say that POGO and Chinese spies should "justify" the Filipino First Policy . However, the harsher reality is that the Filipino First Policy may actually be encouraging dummy investors instead ! As the saga continues, I've decided to write what I might call my harshest entry yet. It's going to be Chinese New Year this year. This might be an entry that may need to be shared before the Lunar New Year! My grievances are  still ongoing because some people still demand #SahodItaasPresyoIbaba, no matter how destructive it  will be . That's why I use Venezuela as an example, especially during Nicolas Maduro's downfall . Back to the topic, I remember writing a joke post where I said, "Wh...

It's that stupid  when I read the remarks of DTI secretary Cristina Roque made a really tactless remark . Sure, the remark had people angry because, in reality, the whole noche buena at PHP 500.00 for a family of four will not match, given these ingredients: ham, P170 to P945; fruit cocktail, P61.76 to P94.41; all-purpose cream, P36.00 to P72; “nata de coco,” P52.50 to P62.50; “kaong,” P76.50 to P84; “queso de bola,” P210 to P470; cheese, P16.50 to P310; and mayonnaise, P20.40 to P245.85. /dda As I read through the list above, I'm reminded of how much I don't like December because it's the season of abounding toxic positivity . The song "It's the Most Wonderful Time of the Year" is in full blast, even after Andy Williams died of old age in 2012 . I tend to drive the road and when traffic hits, I always think about the problem of last-minute Christmas shopping , and scream it, "Isn't it any wonder why the Philippines doesn't improve?" It...

Here's another art I found on Facebook. Some time ago, I wrote about how the 60-40 policy may not prohibit, while still discouraging FDIs from entering . It's plain common sense, really, that nobody would want to rent a space if they had to part with 60% of their net profits to the lessor (read here ).  It annoys me to think that certain Netizens on Facebook are still blaming government corruption over the 60-40 policy. That can get annoying. I can link the 60-40 policy to government corruption . After all, corrupt officials want to perpetuate their stay in power through an ignorant and impoverished population. However, blaming corruption alone is really downright stupid. Some say investors are going to Communist Vietnam because the Communist Party of Vietnam-Vietnam People's Army is serious about cracking corruption. However, the reality is that, ironically, Communist Vietnam has more reasonable economic restrictions compared to the Philippines (read here ). Only a few sec...

I'm amazed (but not surprised) at Kabataan Partylist's economic illiteracy . The group seems to be stuck in the pre-Doi Moi days of Vietnam. Do they believe that Vietnam actually got rich through national industrialization? Thankfully, the Philippine Anti-Fascist League Facebook page (old one) collapsed like the Berlin Wall. However, I decided to look at Kabataan Partylist's Facebook page and found another idiotic statement. Yes, it's by Atty. Renee Co. Right now, with the Philippine justice system being so weak (just remember how the Vizconde Massacre and the Chiong Sisters Case are both, case unclosed ), I'm no longer too beholden to lawyers. There are good lawyers but I don't think Renee is one of them! Anyway, to translate Renee's statements in English, it would be like: The real reason behind the oil price hike is deregulation. The government is no longer in control and they're allowing the oil businessmen to increase prices, whenever they wish. Eve...