Any middling president can post 6 to 7% GDP growth

The business pages of Oct. 16 carried two stories – seemingly routine – but nonetheless retold the grandest stories of this generation. The first said that the OFW remittances for an eight-month period ending August totaled $15.5 billion. The second was that the BPO jobs breached the 1 million mark just recently.

Plus the obvious thing that would follow: total revenue of the BPO sector is expected to reach the $25 billion level in 2016. Or, we hope, in the perfectly understandable usage of Vic Sotto, the “betterer” scenario of $26 billion in 2016.