It's time to pass "The Philippine Money Act". This bill will focus on attaining a budget surplus on the government's balance sheet. This bill will also focus on increasing the GDP per capita and the median household income to first world status. The foremost mission of the bill is to educate Filipinos to look for money, not for jobs and practice austerity. It is like a version of the "American Jobs Act" but in this case, it will put Filipinos to look for money, not for jobs and improving the amount of cash on their hands.
Implementations of this bill will include:
1. Money awareness and education to all Filipinos. Filipinos will be taught to focus on looking for money and committing to save money. The money awareness campaign will be made from the national level, to the local and up to the barangay level. All Filipinos regardless of income levels should be aware of this campaign. The government will also provide money awareness and education to all businesses in the country with focus on having a cash fund as part of their listed assets. The money awareness campaign will also include from big corporations, MNCs, small and medium enterprises, up to the small vendors in the community markets, streets and in the rural areas. Money awareness will be included in the school curriculum from elementary, high school, college and post graduate courses. Adult education regarding money will be provided in the community and barangay level for non educated and illiterate adults.
2. Elected officials should attain and maintain the government they are running (whether its is a national, local or barangay level) to a budget surplus. In case that government goes into deficits, all of the elected officials who are serving in that government are no longer allowed for re-election.
3. If the government's balance sheets starts to yield surpluses, all elected officials will be paid on the level with best performing private companies in that area. In this manner, our government will be run by top caliber officials and will provide a lasting impression to the constituents they are serving.
In this way, the Philippines will be on the right track to attain a first world status and will improve the Filipinos way of living.