Arroyo: Next president is ‘lucky’

[explorer]

gloria needs professional psychiatric treatment. after spending all the country's money in corruption and putting the country in heavy debt..this presidentt still has the nerve to say that the next president is 'lucky'. WTF!

from: www.inquirer.net

[SIZE="3"]Arroyo: Next president is ‘lucky’[/SIZE]

By Lira Dalangin-Fernandez
INQUIRER.net
First Posted 09:14:00 01/22/2010

MANILA, Philippines – After laying down the groundwork for a robust economy, President Gloria Macapagal-Arroyo said all her successor to the presidency has to do would be to continue essential programs so that the Filipinos would feel the economic gains.

In an interview aired over dzRH radio Friday, Arroyo said the country's next President was indeed "lucky."

"Swerte ang susunod na Pangulo sa akin [The next president after me will be lucky]," she said.

Boasting of her accomplishments after nine years in office, Arroyo said the peso was stronger, tax reforms
were in place, and social services available to most Filipinos.

"Ito lang yata ang administrasyon na lumakas ang piso kaysa humina [This seems to be the only administration where the peso got stronger instead of weaker]," she said.

As the country's top leader, Arroyo said her role was to lay the foundations of the economy.

“Ang papel ko ay ihanda ang pundasyon. . . . Andyan na yan, ang pundasyon ng matatag na ekonomiya at inaasahan natin na itutuloy niya iyon para maramdaman ng mga Pilipino [My role is to lay down the foundation…It’s there, the foundation of a strong economy and we expect that this will be felt by the Filipinos],” Arroyo said.

The government, through the Philippine Information Agency, has been on a barrage of information campaign of Arroyo's accomplishments in her nine years in office, including her programs in infrastructure, education, health, and other social services.

Last week, it came up with two-page advertisements in newspapers titled, "Ganito Tayo Noon, Ganito Tayo Ngayon."

[SIZE="4"]Where did RP debt go?[/SIZE]

[jerjer&qtqt]

swerte kamo siya at depression sa amerika kaya humina ang dolyar at hindi lumakas ang piso. e bakit mahal pa din ang gas. nung time ni ramos, asian crisis kaya humina ang peso. sa time ni erap, eh talagang hihina peso nun.hehee.

[ajOT]

"Swerte ang susunod na Pangulo sa akin [The next president after me will be lucky]," she said.

- too much boosting on her over-confidence
- how can be the next President be lucky, on what way can she mention that statement, when our country needs to recover on some unpaid debts and multiple concerns that needs to be addressed immediately
- since it will be a new President of the Republic, of course, they have their own different platforms on how to renew our country and on how we can recover from the nightmares of our country. Since, if the next President, will just be following what GMA has made, then I do believe there will be another impeached President here in the country.

[badsekktor]

totoo naman sinabi nya..... swerte in terms na mas madaling makapangungurakot dahil sobrang corrupt na ang systema ng gobyerno.....

swerte in terms na mas madaming makukurakot dahil sa tax reforms sa termino nya na sobrang dami and instead na hulihin at bawasan ang tiwali eh dinagdagan na lang ang pondo para may budget pa para sa lehitimong gastusin ng goyerno......

swerte dahil kapag presidente ka at nangurakot ka or gumawa ng kabalbalan eh mabibigyan ka ng pardon at hindi makukulong. hanggang "rest house arrest" ka lang

[Isuzoom]

Lucky naman talaga ang next president...Lucky Problema.

[Gerbo]

Lucky naman talaga ang next president...Lucky Problema.

Baka papalitan niya.

[uls]

from the article posted above:

Boasting of her accomplishments after nine years in office, Arroyo said the peso was stronger, tax reforms were in place, and social services available to most Filipinos.

"Ito lang yata ang administrasyon na lumakas ang piso kaysa humina [This seems to be the only administration where the peso got stronger instead of weaker]," she said.

GMA, you are not responsible for the strong peso

the peso is strong coz 10% of the population is working abroad, sending foreign currency to the Phils., pumping up the country's foreign currency reserves

and thank the US Fed's monetary policy for the weak dollar

don't thank yourself

we're not stupid

kaya mo bolahin ang mga ignorant masses

di kami

“Ang papel ko ay ihanda ang pundasyon. . . . Andyan na yan, ang pundasyon ng matatag na ekonomiya at inaasahan natin na itutuloy niya iyon para maramdaman ng mga Pilipino [My role is to lay down the foundation…It’s there, the foundation of a strong economy and we expect that this will be felt by the Filipinos],” Arroyo said.

pundasyon my ass

your pundasyon is an economy that's entirely dependent on labor export

you have an economy that's mostly end-user consumption, very little production

a lot of businesses here are trading businesses, not goods-producing businesses

we import everything

and we use dollars earned by OFWs to pay for imports

that's our economy

you think the Phils. is getting richer coz OFWs keep sending dollars?

NO

our OFW dollar earnings go to exporting countries

we are tranferring our wealth to other countries

we make other countries richer (like China, Japan, Korea etc) coz we buy their goods

they invest in more production, which employs more of their people, their people have more money, their people's standard of living rises

that makes them richer

get it?

the OFW trend will go on for years (and decades) to come

coz our country is already addicted to OFW earnings

soon 15%, 20% of the population will be working abroad

the Philippines has become a manpower agency

that's your economy GMA

again, we are not stupid

BTW,

coz the Phils. has a steady stream of forex earnings,

our govt uses that as "collateral" to borrow money

(hey, may pera kami pumapasok, pwede niyo kami pautangin, may pambayad kami)

coz our forex earnings keep growing, it allows more borrowing

foreign banks love lending us money coz they make tons of money underwriting our bonds

and bond investors love our bonds coz of the high yield

as long as OFWs keep sending money to the Phils.

the Phils. can keep borrowing money

it's clear the govt, and the country, will fail without OFW remittances

that's your economy, GMA

and the next president will have no choice but to pick up where you left off

he will just keep encouraging pinoys to go abroad

[claRkEnt]

nice editorial from the Inquirer dissecting the figures being bragged about by PANDAK's admin through his Press Liars.

Maski sa Praise Releases, may dagdag-bawas!

http://opinion.inquirer.net/inquirer...es-that-matter

Editorial
Figures that matter

Philippine Daily Inquirer
First Posted 23:48:00 01/22/2010

MANILA, Philippines--Perhaps stung by the continuing plunge in President Macapagal-Arroyo’s public approval rating or, more likely, to give a boost to administration candidate Gilbert Teodoro’s foundering campaign for the presidency, the administration has flooded the mass media with ads touting its major accomplishments, particularly in the economic arena. The ads pointedly compare the achievements of the Arroyo administration with those of her three immediate predecessors—Presidents Corazon Aquino, Fidel V. Ramos and Joseph Estrada—and unabashedly claim that Filipinos now enjoy “better lives.”

By themselves, the figures look impressive: more roads built, more jobs created, more barangays electrified, more classrooms built and textbooks distributed, even more cell phones sold to consumers. But they don’t provide a complete picture of where Filipinos are today. These ads either omit some key data or present other statistics in a way that would make the administration look better. For instance, the ads point out that average growth in the Gross Domestic Product from 2001 to 2008 averaged 4.86 percent, higher than the 3.3 percent growth under Aquino, 3.6 percent under Ramos and 4.7 percent under Estrada. But why was the dismal 0.7 percent GDP growth in 2009 left out in computing the average? Because 2009 was an abnormal year, since the world was in recession? But the Ramos years also saw the Asian financial crisis of 1997 gutting the Philippine economy, so why was that period not taken out in computing the average GDP growth during the Ramos administration? One reason for leaving out last year’s GDP growth was that its inclusion would have shrunk the yearly average to 4.3 percent, way below the 4.7 percent growth during Estrada’s two years in office.

Estrada’s budget secretary, Benjamin Diokno, has noted that some comparisons made in the ads can be misleading. For example, the administration claims that “more roads and bridges were built in President Arroyo’s term than in the past three administrations.” But Diokno pointed out that Ms Arroyo had served as president for nine years as of the end of 2009, or much longer than any of her three immediate predecessors. Thus, a more relevant measure would be an annualized average increase in the length of roads and bridges constructed, he said, and by this yardstick Estrada could be shown to have outperformed Ms Arroyo.

Leaving self-serving comparisons aside, there are in fact other dire data that the glowing statistics cited in the administration ads cannot camouflage. While the administration claims to have exceeded its target with the creation of 14.2 million jobs, the number of jobless reached 2.83 million in 2009 even as the underemployed numbered 6.69 million. While the administration boasts about higher economic growth and lower inflation, more and more people are saying they are poor and hungry. In a survey done by the Social Weather Stations in October last year, one out of every two people surveyed (51 percent) rated himself as poor and two out of every five (40 percent) said they were food-poor. These percentages dipped a little bit in early December, but the percentage of families who experienced involuntary hunger in the previous three months rose to an all-time high of 24 percent, or about 4.4 million households. And while the government talks about more books and more classrooms for students and better pay for teachers, the United Nations has criticized the Philippines for “under-performance” in education. “With an average income four times that of Tanzania and Zambia, it [the Philippines] has a lower net enrollment ratio [of 92 percent],” according to the 2010 Education for All Global Monitoring Report published by Unesco. One reason for this is “the low share of national invested in education.”

In the meantime, the administration cannot even talk about balancing the budget anymore, with the deficit expected to reach a record high of P293 billion in 2009 and even higher this year. Also, from the time Ms Arroyo assumed the presidency in 2001 until October last year, the national government debt doubled from P2.156 trillion to P4.424 trillion.
Education, employment, poverty, hunger and debt— these are among the things that matter most in people’s lives. And in these areas, the administration flunks the test. That is a fact no amount of cosmetic advertising can hide.

[uls]

from the above article:

While the administration claims to have exceeded its target with the creation of 14.2 million jobs, the number of jobless reached 2.83 million in 2009 even as the underemployed numbered 6.69 million.

jobs?

only call centers are hiring

sa lagay na yan the BPO industry is not growing as fast as projected

anyone seen those job fairs?

kita niyo ba gaano kadaming tao ang nag aagawan sa kokonting trabaho?

In the meantime, the administration cannot even talk about balancing the budget anymore, with the deficit expected to reach a record high of P293 billion in 2009 and even higher this year. Also, from the time Ms Arroyo assumed the presidency in 2001 until October last year, the national government debt doubled from P2.156 trillion to P4.424 trillion.

the govt now lives on debt

debt doesnt get paid

it just gets rolled over

the gov't borrows money to pay maturing debt

and borrows money again to pay maturing debt

it goes on and on and on until it can't

that's the path our country is on

for now, we can keep going

but years from now, the chickens come home to roost

[claRkEnt]

baka naman misquoted lang si Pandak... baka ang gusto nya sabihin ay "baka ang susunod na bise-presidente ay tatay ni Lucky."