Things you need to know before idolizing marcos

[confused shoes]

Ano pa pinaguusapan natin dito. Magtulak ng MRT? Magtanim Lahat ng kamote?

Because you believe, we can work without electricity.

Statement ko yun. Para maintindihan mo, korente o wala kukuha ng trabaho ang mga tao.

Marcos lovers manalo ng konti, parang pyesta. Harapan ng data. Tameme.

Again and again, give me data.

Puro ka data, nasaan ang pruweba mo na pwedeng magtrabaho na walang kuryente, except magtanim ng kamote?

Please don't go off-course sir [archie], we are technically talking electricity, here.

[[archie]]

Like I said, past performance are not inductive of future performance. Past performance can be very misleading if there are reasons to believe that future conditions are likely to be significantly different.

You're not looking at this from an economist view kasi. You're viewing it much like how our typical citizens do - without indepth critique.

Kahit ano gawin mo, kahit sinong Presidente ang nakaupo sa Malacanang, the country will still borrow. As the Philippines' economy was closely tied to the American economy, conditions then were statistically significantly different than the eras before and after. Inflation rate from pre-1970 was averaging at 2.5% but in the 1970s the average was 7.06%. By 1980, it was at 21.5%. It was often compared as the worst decade after the Great Depression -- walang wala ang 2007 crisis natin.

I'm not discounting that that our economy was damaged. But sinasabi ko is that it is unfair to pin this all to him. Kahit ano gawin niya or kahit sinong Presidente yan, they'll be instituting more or less the same economic policy and will borrow.

Don't fall into historian's fallacy. Just because we're in the future we can always judge the past because it's more rosy that way. Of course he will be building infrastructure regardless of economic standpoint.. because it's the most logical thing to do in a crisis.

Take a look into the 2007-2008 economic crisis in the US and influenced by the 2010 sovereign crisis in Europe -- what did world governments do? The US adopted a expansionary policy. The EU adopted the same. China adopted the same. Japan adopted the same. The Philippines adopted the same. In fact by today, park money into the ECB and you'll get negative interest rates. Saan ka pa nakakita ng central bank na if you park Php100 today it'll be Php98 by the end of a couple of years?

Criticizing the Marcos regime for mass borrowing and building infrastructure is like saying all these countries are idiots.

I keep on saying. If you stop building, if you do not borrow, the country will enter into a recession and you'll further compound your problems.. and it'll cascade into a chain effect. You get lower GDP figures, there will be less investment due to lower investor confidence, there will be more unemployed people, etc. so on so on.

So in conclusion, your one of those "di bale economy basta may infrastructure"

Fallacy of his regime. He had more than 20 years of leadership tapos year on year bagsak economy. Would you hire him as a ceo?

Your an investor when it suits your argument.

Of course economical thinking because we're talking about an economy.

Borrowing and infrastructure are ok, but not to mask his personal gain and get the country on its knees.

This is what you ignore to understand, deeply damaged economy but still no focus on economy. Infrastructure pa rin.

All your what if and let's say are based from "Malay mo".

Stronger argument would be kick him out and let's see what happens. Malay mo gumanda economy.

[[archie]]

China's Infrastructure Trap - US News

Irrelevant. Focus on topic.

[confused shoes]

Stronger argument would be kick him out and let's see what happens. Malay mo gumanda economy.

If everybody can project perfectly what will happen next, baka pantay lang ngayon ang tsikot.com at facebook.com.

[confused shoes]

Irrelevant. Focus on topic.

Ok, so I've been requesting you list down job that will not require electricity. Where is your reply, sir?

[jhnkvn]

So in conclusion, your one of those "di bale economy basta may infrastructure"

Fallacy of his regime. He had more than 20 years of leadership tapos year on year bagsak economy. Would you hire him as a ceo?

Your an investor when it suits your argument.

Of course economical thinking because we're talking about an economy.

Borrowing and infrastructure are ok, but not to mask his personal gain and get the country on its knees.

This is what you ignore to understand, deeply damaged economy but still no focus on economy. Infrastructure pa rin.

All your what if and let's say are based from "Malay mo".

Stronger argument would be kick him out and let's see what happens. Malay mo gumanda economy.

I keep on pointing out that you cannot have a black-and-white scenario of infrastructure and economy. Those go hand in hand nga kasi. Truthfully, when you choose between the two.. lagi mo pipiliin muna si infrastructure spending because infrastructure is always first before the economy follows. Why? Because a good economy is a causal reaction. In fact, you can invest in infrastructure but you may not have a benefit in economy. However, you cannot simply throw wads of cash at "economy". Infrastructure on the otherhand is usually tangible and it's something governments can invest their appropriations to.

Case to point: Tacloban. When the crisis happened, ano ginawa muna ng relief organizations? They made sure to restore existing infrastructure FIRST - they cleared felled trees lining up the roads, they restored electricity, they made sure clean water was available. Again, why do you think they made sure infrastructure was up muna? Why not simply shower people with wads of $100 bills from helicopters?

I hate people trying to group me into a category when I have presented facts that are logical and true. If you want to put up a sub-discussion, sige.. how do you improve your economy? One way or the other, you'll still be spending. The economy is an aggragate umbrella.. hindi lang yan infrastructure, hindi lang yan monetary policy, it's a basket of goods. So.. how do you plan on approaching this?

Ever since historic times, governments have been doing infrastructure to prop up the economy because it's one of the more efficient methods on how to boost the economy. Let's say you're in Greece and you want to do trade with Rome. Ano gagawin mo? You lay out roads to facilitate trade of goods. Yun stance mo kasi parang.. "wag tayo maglagay kalsada dyan.. wala naman dumadaan". Do you see how wrong is that?

Imagine if Ayala shares the same reasoning.. "wala naman tao sa Fort Bonifacio.. empty acres of land lang yan.. that's why ayaw ko maglalagay ng roads dyan.. or underground electrical and plumbing infrastructure or a catch basin for potential flooding mitigation."

I now ask you again archie.. nasaan ang progress?

[confused shoes]

Again, why do you think they made sure infrastructure was up muna? Why not simply shower people with wads of $100 bills from helicopters?

Sir "jhnkvn" ako na ang sumagot.

>> kasi taga roon si Imelda.

[[archie]]

I keep on pointing out that you cannot have a black-and-white scenario of infrastructure and economy. Those go hand in hand nga kasi. Truthfully, when you choose between the two.. lagi mo pipiliin muna si infrastructure spending because infrastructure is always first before the economy follows.

Case to point: Tacloban. When the crisis happened, ano ginawa muna ng relief organizations? They made sure to restore existing infrastructure FIRST - they cleared felled trees lining up the roads, they restored electricity, they made sure clean water was available. Again, why do you think they made sure infrastructure was up muna? Why not simply shower people with wads of $100 bills from helicopters?

Your still ignoring the fact, infrastructure pa rin ng infrastructure when all it does is digger deep in debt. Until maging bankrupt na central bank.

There is a black and white scenario during his era. What good did it do? Wala.

[[archie]]

Ok, so I've been requesting you list down job that will not require electricity. Where is your reply, sir?

This is just stupid.

Pero sagutin ko na para matuwa ka.

Before mainvent ang korente, Wala ba trabaho mga tao? Meron

Mano Mano Lahat pero they had work and were willing to work.

Electricity or not, kailangan ng tao ng work.

End of story.

[[archie]]

If everybody can project perfectly what will happen next, baka pantay lang ngayon ang tsikot.com at facebook.com.

Another irrelevant post.