Aquino’s much-vaunted growth is bogus and hollow


Benigno Aquino III and his technocrats have been relentlessly boasting about the alleged 6.6% growth in the economy in 2012. They claim this to be the result of the “righteous path” and “good governance.” Even the World Bank has chimed in, saying that the Philippines is now a “rising tiger.”

For the Filipino people, however, Aquino’s much-vaunted economic growth is bogus and hollow. His most important indicators of local economic “development” are confined to measuring the briskness of…

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