THE success of the Philippine economy, which is viewed by the movers and shakers of the world as among the shining stars of the global economy, must not be attributed to President BS Aquino who loves to crow about it and in the process claim credit.

The growth trajectory of our economy, which is now enjoying more than 20 years of steady increase, was fixed during the tenure of previous presidents, but mainly by the efforts of former president Gloria Macapagal Arroyo. BS Aquino unjustly thumps his chest about the Moody’s, Fitch and Standard and Poors raising of our country to higher than minimum investment grade, but the work to achieve this happened under other Presidents -- especially Mrs. Arroyo.

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