Thursday, July 26, 2012


INQUIRER: BOBI TIGLAO 11M bosses now WITHOUT work, NOT ENOUGH work
That there has been a worsening of the employment situation under Mr. Aquino isn't all surprising. In his first year in office, because of his Manichean mentality that everything about the past administration was evil, he withheld govt expenditures, and demanded to review every single contract signed before he took power. That severely cut govt expenditures, DISRUPTED the economic momentum of of the last years under PGMA, and the GDP drastically slowed down to a feeble 3.7 percent growth in 2011, resulting in much less employment opportunities.

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