Boy Abunda: May pagkakaiba ba ang ayuda at doleout?
LBM: Wala. Pareho lang. It's a transfer payment as they call it in economics. Walang kapalit, for example. Basta nagbibigay ka lang ng ayuda.
Hiyang-hiya naman ang conditional cash transfers. 🤷♂️
LBM: Wala. Pareho lang. It's a transfer payment as they call it in economics. Walang kapalit, for example. Basta nagbibigay ka lang ng ayuda.
Hiyang-hiya naman ang conditional cash transfers. 🤷♂️
Rich of LBM to talk about OFWs. 🤬 The proportion of OFWs rose by about eightfold during the economic crisis in martial law. Bagsak kasi ang ekonomiya. Even my own parents left in the 1980s because of the dearth of good job opportunities here. 
During martial law labor market conditions deteriorated. The unemployment rate doubled from 6.3% in 1972 to 12.6% in 1985.
Meanwhile, the underemployment rate rose from 12.7% in 1972 to 32.9% in 1984. Nearly 1 in 3 workers had insufficient pay!
No wonder andaming OFWs noon.
Meanwhile, the underemployment rate rose from 12.7% in 1972 to 32.9% in 1984. Nearly 1 in 3 workers had insufficient pay!
No wonder andaming OFWs noon.
The Marcos regime promoted the OFW phenomenon under their labor export policy.
The truth is, Marcos saw OFWs as a huge source of dollars via their remittances. Kasi the regime faced a perennial shortage of dollars (laging nagkakaubusan ng dolyar) dahil sa mga utang, etc. 😤
The truth is, Marcos saw OFWs as a huge source of dollars via their remittances. Kasi the regime faced a perennial shortage of dollars (laging nagkakaubusan ng dolyar) dahil sa mga utang, etc. 😤
Whenever LBM tries to talk economics I'm reminded of his Oxford grades:
He took Duterte's "4 million drug users" claim at face value??? I debunked this already in 2017. Jusko.
rappler.com/voices/thought…
rappler.com/voices/thought…
Again, rich and hypocritical of LBM to talk about the national debt. Throughout the Marcos regime (1965-1985), external debt exploded by a staggering $25.45 billion. A large part of this was wasted and stolen.
Bakit hindi nilatag ni Boy ang konteksto regarding Marcosian debt??? The elephant in the room was neglected. Why no follow-ups?! 🤦♂️
Kaya pala ang hina ng mga tanong at kulang-kulang ang konteksto. Apologist.
https://twitter.com/helterskelt3rrr/status/1485930547256115204
Putangina "alleged" abuses??? 🤬🤬🤬
LBM: Unity ang pangangailangan.
Jusko yung trolls niyo ang nagdudulot ng pagkakawatak-watak ng mga Pilipino through lies and deceit! 🤬🤬🤬
#NeverAgain #NeverForget
Jusko yung trolls niyo ang nagdudulot ng pagkakawatak-watak ng mga Pilipino through lies and deceit! 🤬🤬🤬
#NeverAgain #NeverForget
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