Unstable growth and political demise

Ej Lopez

Ej Lopez

One newspaper declared that economic authorities’ estimate that the past year’s gross domestic product (GDP) growth rate is expected to surpass if not equal the projected 6-percent growth. Another newspaper said that the incidence of hunger severity was highest during the time of President Benigno Aquino 3rd. Yet another newspaper said that the performance rating of the President has remained very good despite the political odds. By the way, according to Social Weather Stations, severe hunger is the condition where a family experienced hunger or without any food on the table for more than three times in the past three months.

Latest International Monetary Fund (IMF) study declared that a continuous strong growth rate is bound to proceed both in emerging markets (EM) and developing countries like the Philippines. But the risk of capital outflows brought about by market volatility always lurks. Not to mention that political and economic environs remain pretty unstable, despite high approval ratings of the President. The super typhoon that hit the Visayan region, though slowly being restored, has created an employment vacuum in the local economy, which will remain unresolved for a certain period.

Economists may also attribute the growing capital needs and outflows to the improving Western economy. These regions are on the rebound after a long economic drought. It should be borne in mind that several investors have stayed in the Southeast Asian region not really because it is a booming region, but because of the protracted recession that had stricken that traditional growth area, the Western economy. Now that it has started to recover, it is time for them to go back to that so-called growth area.

The current political hullabaloo stands to create and enhance the existing uncertainties in our political as well as economic leadership. This unquantifiable indicator will somehow drive away investment whose primordial consideration in our investment climate is a strong and trusted political leadership, which may be imperiled by these unwanted political developments.

Political demise
The political confessions made by controversial members of the legislature, has not given the public additional information as regards the quality of political leaders we have. Revelations that primarily points an accusing finger at the President for charges of political meddling merely confirmed what the people had speculated on regarding some events that transpired.

In essence therefore, there was nothing new to be comprehended as regards these incidents because even prior to the disclosure, this was already the conclusion of many. Even the actions made by Interior and Local Governments Secretary Manuel Roxas 2nd, dubbed as “Boy pick-up” as established by Sen. Bong Revilla, is the mere final nail on the coffin of his long-dead political career. These revelations has only added up to all boo boos and blunders he has committed during the Typhoon Yolanda rush, where he gave more priorities to political reasons rather than humanitarian care.

As early as now, Roxas has no other recourse but to either look for another profession or continue the long-standing entrepreneurial skills his family has long started. If ever he still has the temerity to continue his “dream” for the highest position, it should in the best interest of his fortune and family to kiss his presidential bid goodbye.

Also, those personalities who were principally involved in the “pork barrel” scandal are bound to be put in limbo in the next election season. Regardless of their previous popularity, they are out to be castigated by the electorate because of this political scandal which perhaps has awakened our political sense to no end.

Senators Revilla, Jinggoy Estrada and Juan Ponce Enrile’s revelations have merely confirmed the people’s belief of widespread graft and corruption that exist in our bureaucracy, but it does not diminish, or absolve them of allegations, similarly they attributed to their political nemesis.

These incidents of accusations and brickbats coming from both sides of the spectrum have nevertheless continuously purified our political system. Despite, the noninclusion of some political personalities who have the same iniquities, it has nonetheless exposed us to the realities of Philippine politics; an eye opener to the nonbelievers, whose political fanaticism has put crooked politicians in their positions, thanks but no thanks to these voters who let their voting power be exploited to the detriment of our political and economic environment.

We are hoping against hope that the electorate has learned their lessons and rectify their electoral blunders in future electoral exercise.

CHED should be on top of the situation
The planned restructuring of the academic schedule of some schools in the country was a good start for educational renovation as well as upliftment of our standards. Primary to the objectives of the schools that may have decided to push thru with the plan is to be abreast within the Association of Southeast Asian Nations when the Asean Economic Integration commences in the year 2015. Therefore, there is that possibility of cross enrolling among schools of the region without any problem in the calendar year.

But if this is carried only by only a handful of schools leaving out the others under the old calendar, we see more problems than solutions to this supposed innovation. It will create distortion in the academic schedule if some ends in June while others end in March. Transition from high school to college will create major inconveniences; likewise shifting from one school that still apply the old calendar year to the other school that applies the new scheme seems not possible. It limits the choices of the students, therefore literally depriving them of the choice of school. If our reason is to escape the onslaught of typhoons during the months of June to August, it’s illogical considering that typhoons are doubly stronger and dangerous during the months of September until the last quarter of the year, as exemplified by Typhoon Ondoy that struck and caused havoc Metro Manila on September 26, 2009, and the recent howler that hit Visayas on November 8 of last year.

It should be in the best interest of the people that prior to deciding on this major change in our educational system, all sectors of the society who are stakeholders, under the auspices of the Commission on Higher Education, should be consulted for a smooth transition in our system and not mere “change for the sake of change.” In the first place, all of us have an interest to protect along this area of concern.

For comments: email doc.ejlopez@gmail.com with cc to: opinon@manilatimes.net.


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