9. "The Philippines has
incomprehensibly decided to
befriend at all costs the very
state that is grabbing the
exclusive economic zone of
the Philippines."
11. If the problem is pollution, why
the singular focus on Boracay? If
the problem is congestion, why
allow the construction of new,
giant commercial developments?
If the problem is lack of
competition, why allow entrants in
some industries like telco but not
in casinos?
12. Do not just give me
taxes…give me what
should be given to my
countrymen.
13. A Teacher without dependents will
receive a gross basic salary of P20,179
and a net take home pay (NTHP) of
P20,012.89.
In other news, Mocha Uson gets at
least P133,454 monthly before taxes
(P106,454 gross salary + P20,000 RATA
+ P2,000 PERA + P5,000 extraordinary
and miscellaneous expenses).
14. I am a worker of
government and it is my
vow to make sure that
your [OFWs] well-being
remains our foremost
foreign policy concern.
16. I’ve always believed that no
matter how well-intentioned a
leader is, if he lacks
political will to do what needs
to be done, they can only end
up a failure and a hopeless
dreamer.
18. As a government worker, I
promise to do whatever it takes to
give Filipinos a comfortable life,
fighting powerful interests and
making sacrifices, my obligation
is to promote the greatest good
for the greatest number.
19. Philippine Secretary of Budget and Management Benjamin Diokno
estimated some US$167 billion would be spent on infrastructure
during Duterte’s six-year term, under the slogan ‘Build! Build! Build!’.
That could increase current Philippine national government debt of
approximately $123 billion, to $290 billion. But that does not include
interest. High rates of interest that China, the most likely lender, could
impose on the new debt could balloon it to over a trillion U.S. dollars in 10
years. At 10% interest, the new debt could go to $452 billion, bringing
Philippines’ debt: GDP ratio to 197%, second-to-worst in the world.
That understates the burden to the Philippines, as existing national
government debt would also accrue interest over that time, and such
interest was not included in the analysis. Dutertenomics, fueled by
expensive loans from China, will put the Philippines into virtual debt
bondage if allowed to proceed.
