Business & Economics Perspective Blogger

It's really hot right now, isn't it? El Niño is approaching, yet haven't Filipinos learned anything? Back in 2024, I actually wrote an essay asking if one would rather die from heatstroke or thirst, in the name of Pinoy Pride economics . I could be getting more aggressive than usual right now. It was El Niño when I wrote the post I previously linked. Now, it's time to think about the call to subsidize electricity for the lower class. As good as it might sound on paper , however, the big problem is that the middle class and above aren't an endless wallet.  Why increasing tax rates to subsidize electricity may be a short-term solution I was even thinking if critics of the TRAIN law aren't complaining about excise taxes but the lower tax rates . Did people like those in the Makabayan Bloc and those who support them complain that by lowering tax rates, there's not enough taxes to support the electrical subsidy? Unfortunately, the Philippines' electrical sect...

Lechon may look fresh but it's really bad | Credits to: DVMF It's May and Fiesta Months are here too. Fiesta tends to have lechon in mind. I was thinking about the near-inescapable tradition of, "Must have lechon." A recent incident in Cebu City was reported by the Cebu Daily News with this frightening report: In a report, the Department of Veterinary Medicine and Fisheries (DVMF) said two lechons weighing 15 kilos and 42 kilos were confiscated in Barangay Apas. The pigs used for the lechons were reportedly slaughtered in the cities of Talisay and Mandaue. The third lechon, weighing 30 kilos, was found being sold in Barangay Lahug. Investigators found that the pig had been slaughtered in the mountain barangay of Bonbon in Cebu City. The DVMF, in coordination with the Cebu City Police Office, conducted the “hot meat” operation on Sunday as part of the city government’s campaign against unregulated slaughtering and the sale of undocumented meat products that may pose p...

Yes, you found that right. Did you know that the Filipino First Policy caused the Philippines to succeed and Carlos P. Garcia was the best president ever? Today, because of the Iranian War crisis, we need to talk about a new important discovery. What I realized is that the oil deregulation policy is bad . Do you want the oil prices to fall under control? Then read this new blog to find out.  A new audit was revealed in the world's greatest economic forum. The Trust Me Bro School of Economics invited the trustworthy IBON Foundation to speak at Intrigador Financials . I was so wrong not to notice the genius behind the likes of Makabayan Bloc.  What have I done compared to the youths  of Kabataan Partylist ? I even discovered that  the IBON Foundation is the most credible economic think tank . As I realized that  Filipinos should only listen to Filipino economists ,  I have found that there are literally  tons of studies  from the famous Trust Me Br...

Millennials' Voice I would like to clarify first and foremost that this post isn't an attempt to say that the late Benigno Simeon C. Aquino III's legacy was all bad. Some good things happened. However, let me be clear that it's stupid to say, " We don't need economic cha-cha because of the late Noynoy. " However, let me clear that I decided to write this because of a Facebook post called Millennials' Voice , which wrote this: Did you know that during President Noynoy Aquino's time, the price of oil in the world market was high, between $100 and $110 per barrel. But even with those high prices, gasoline and diesel at local pumps in the country were still relatively affordable.  Under President Duterte, world oil prices went up and down, from a low of $41 to a high of $101 per barrel. The big jump to $101 in 2022 happened because of the war between Russia and Ukraine.   Now, under the current president, world oil prices have gone up again to around $...

Inquirer Gasoline prices have increased again, haven't they?  A few days ago, I wrote  why #SahodItaasPresyoIbaba's view of gas prices is questionable . Today, I feel like writing this after several complaints on Facebook. I would like to create a follow-up post. People are complaining too much without understanding the real reason why some countries have lower prices of gasoline. Real talk. We need to talk about economic policies,  and  of course, please do a study on supply-demand analysis  on supply chain management . Let's examine the complaints made by Bulatlat Bulatlat Here's a chart from Bulatlat that compares the increase in prices of gasoline between the Philippines, Thailand, and Malaysia. It's always problematic when people ignore simple economics. It's funny, but Bulatlat mentions this on their website: Note also how expensive our diesel and gasoline products are compared to those of our ASEAN neighbors. The estimated common price today of diesel in...

International State College of the Philippines Today is Flor Contempacion Day , and rallies are expected. However, whether it's Flor's death anniversary or not, rallies are expected for the wrongest of reasons. I would like to address this photo from the International State College of the Philippines' Facebook page. The demands here are rather clunky and stupid. We have the following demands that would naturally clash with each other, such as: No to the oil deregulation law while demanding lower oil prices. This is simply ignoring the basic fundamentals of economics, namely the law of supply and demand . They say that oil companies are greedy for gain. These rallyists probably don't really understand the difference between revenues and profits . Let's understand the Oil Deregulation Law  The Oil Deregulation Law, or the Republic Act No. 8479 , passed on February 10, 1998, under the late Fidel Valdez Ramos. Here's how the liberalization works: CHAPTER II  LIBERAL...

I remember Cebu City had a  severe flood warning going on . I saw some stores at Carbon in Cebu City, getting severely flooded . It was a real nightmare as Typhoon Crising also passed by Cebu. The sight was a disaster. Flooding in Carbon doesn't surprise me. There are a lot of unsavory people in Cebu City's downtown. It's a disgusting thing when I think about stepping on whatever disgusting stuff, that was improperly disposed  of. I would talk stuff like, "It's because of people like you that the Philippines doesn't improve!" It's not surprising to find the news that garbage has been a leading culprit. The government may have some responsibility. However, citizens who love to throw their garbage just anywhere also form part of the problem. Social responsibility falls on both the government and the citizens. Sure, the government has to play its part (ex., making clear policies). However, the citizens should also play their part by not throwing garbage i...