It’s Time to Act on the Crisis

Opinion & Analysis Philippines Feb 13, 2009 at 11:11 am

The Arroyo government’s economic program of deregulation, liberalization, and privatization has already made the Filipino people more vulnerable to the world economic crisis and yet it is not doing anything about it because it is denying the fact that the crisis would strike the country hard. More accurately, the Arroyo government has not made any effort or program to confront the crisis or at the minimum, to mitigate its impact on the Filipino people because it is trying to deceive the people into believing that all is well with the economy. It is doing so for political reasons.

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