Let us suppose the question deserves a certain degree of maturity and serious content in response:
It would be admirable for a new president to do the following:
1. remove minimum wage - though we fear that workers might be given below living standards wage, there will be new jobs available faster than any conventional government programs of job creation. This gives the inexperienced, immature, and unskilled new laborers a foothold towards their employment. The pay may be small at first, but so long as they prove their productivity, there will be employers who will want them and make them stay with a good pay.
Removing minimum wage encourages people to do business. Without minimum wage law, people can hire workers at pay levels that won't put the new start up business on the red, of course those workers may decline and opt to work for others who can offer them higher pay, with their abilities and experience in consideration.
2. Stop SSS, Pag ibig, and Phil Health - we need to stop the program, fulfill obligations of the enrolled citizens and abolish it eventually after the last obligation is fulfilled. Social security and the likes, are just really government version of pyramiding scam. It's a Ponzi scheme where the new infusion of capital from young workers pay for the reitrement of the older generation. It is a program that will fall on its own weight, as all pyramiding scams do.
3. Stop Pork barrel - there really is no benefit towards the society as a whole.
4. Decentralize power over to LGU's - LGUs know better what their constituents need. Let them have their own agencies and eliminate national government agencies that seems to be redundant. It makes the delivery of service localized, fitting to the actual needs of the respective constituents, thereby limiting wastes of capital. There is no one size fits all in the policies in the delivery of services.
5. Shut down GOCCs - by selling them, we risk the opportunists inside the government to take advantage of the sales of GOCCs. It's better to shut it down, absorb the losses, and let new private company's build their own to replace the business of the then shut downed GOCC. GOCCs often operate on the red, incurring losses that the government needs to subsidize it further with our tax money. Inspite of losses, GOCC employees often enjoy great benefits inspite of being unproductive. Let's stop the nonsense.
6. Review and remove laws that interefere with very personal behaviors of the citizens. By doing so, we focus the enforcement of law on actual criminals, not private law abiding individuals.
8. Limit the national government in intervening LGU local affairs.
8. Improve Military defense - from the savings of removing unnecessary government agencies, and GOCCs, the government can focus in its actual duty, to protect the country from foreign invaders by improving military facilities, armaments, training, and structures. Of course, there is a degree of constraint to avoid over spending.
9. After the cuts in government expenditures, lower taxes gradually. Replace progressive tax with flat rate tax. Remove special taxes on selected products.
10. Remove all subsidies.