Ben D. Kritz
In October last year, I wrote two columns—one before and one after President BS Aquino 3rd’s unprecedented primetime TV address in which he tried to defend his condemned Disbursement Acceleration Program in eerily Nixonian terms (“I did not steal”)—and in those two columns, I attempted to explain why lump-sum budgeting and expenditure is an economically unsound practice. It seems now would be a good time to revisit that discussion.