The news we get from the Aquino people is that Cabinet members and their different departments and offices are in the throes of “getting things done” or at least “getting things started” before this performance-handicapped administration is over three months from now.
This is because their leader, BS Aquino, has realized that history will see very few achievements of his six-year term.
When this President started, he allowed himself to be ruled by the grossly mistaken and ignorant notion that most of the ongoing projects of his predecessor were graft-ridden. So he ruthlessly cancelled many projects that were about to be launched. And he suspended the work on projects already ongoing. Among these was the P18.7 billion Laguna Lake Rehabilitation and Development Project, which was contracted to a 150-year-old Belgian dredging company, one the world’s best and accomplished in its field. As a result of this cancellation, Belgium filed a suit against the Philippine government and diplomatic ties with that old-friend-country soured up.
DPWH Secretary Rogelio Singson in 2010 cancelled 19 approved negotiated projects worth P934.1 million, funded by the Japan International Cooperation Agency. Because of the cancellation local government officials complained that their areas suffered from severe flooding and millions of pesos in crop damage.
Other major projects were cancelled or suspended in 2010. The billions that Congress had properly appropriated for these projects of the Macapagal-Arroyo presidency were then turned into DAP funds and allocated for projects that in President Aquino’s mind were priority activities.
Because of the cancellation and suspension in 2010 of projects that had been launched earlier by the Gloria Arroyo administration, there was a lull in spending–from the time shortly after President Aquino assumed the presidency until after he and Sec. Abad made their DAP operational. That lull in spending is what made the GDP growth rate sink from 7.63 percent in 2010 to 3.64 percent in 2011.
Later, with money available from the cancelled projects re-assembled into the DAP funds, government spending for big projects was again in full swing just as during Macapagal-Arroyo’s time, so that in 2012 the GDP growth rate rose back to the high levels set by President Arroyo—6.82 percent in 2012 and 7.16 percent in 2013.
What does this truthful narrative of our GDP growth tell us?
It tells us that President Aquino and Sec. Abad’s claim of being heroes who cured our sick and dying economy by giving it the DAP “medicine” or stimulus is an egregious lie.
For the truth is that they were the ones who starved our robust, strong and healthy economy (7.63% GDP growth rate in 2010 thanks to the Macapagal-Arroyo administration’s work) and made it sick and weak (3.64 % GDP growth rate in 2011).
The Aquino administration, in effect and in truth, caused the Philippine economy to be very sick in 2011, then restored our sick economy to better health–and beat their breasts in triumph for being the rescuers.
He and Mr. Abad are false heroes, Huwad na Bayani (as in the title of the famous play by Virgie Moreno).
President Aquino is like a man who pushed his wife and children off the deck to drown. But when he saw that people were screaming for someone to save the drowning, he does something to pull his victims up to safety.
Then he tells the reporters what a great hero he has been.