7.5% GDP growth? dream on!

[dothe102]

I never said doleouts ang ihatag, I have always been saying easier access to bridge the gap more than anything. and btw, dili na 10k-15k ang tuition sa UPD, more than 18k na na bro, ang uban almost paying at par with private universities...Nothing taken against hard work bro, but at least just to make it easier for the less privileged to have access to education and better services

Hence the socialized tuition fee scheme. Anyway, let's get back to work I think we've wasted enough time arguing over this matter. Again a 7.5% GDP growth is better than none at all.

[thadzonline]

Hence the socialized tuition fee scheme. Anyway, let's get back to work I think we've wasted enough time arguing over this matter. Again a 7.5% GDP growth is better than none at all.

I agree, 7.5% is better than none. Still we need to work to ensure that the people have better access to education(at least quality basic education) and basic services. The socialized tuition scheme in UP need to be reviewed to make it relevant and truly a tool to bridge the gap in equal accessibility to education

[The_Gadore]

Hence the socialized tuition fee scheme. Anyway, let's get back to work I think we've wasted enough time arguing over this matter. Again a 7.5% GDP growth is better than none at all.

- i'm with you on this dothe102... but can i take one stab more? pweeeease.... heheh... promise this will be the last

i wanna say something about culture... it's ideal to preserve it... but let's face it... our culture is an ever evolving culture... and the same is true with other cultures... it's the result of what a nation or any social organization has been through (whether it's colonization, migration or environmental adaptation)... (i'm imagining genetically modified green peas here... heheh.. far off... but seriously) it's roots are from a diverse clash and mixture of others and also including our own...

also, culture has its own good and bad attributes (like the incas used to sacrifice humans as offering... that's their culture... would we like to retain that culture if we were a new day inca? or drop the ritual and apply human rights)... it only depends on the individual which apples he's gonna take with him and which ones to drop... that results to evolution... also, we have to understand that although we may have the bloodlines of loyals and heroes like Lapu-lapu, we also have the bloodlines of the corrupt... so it all boils down to choices... in an organization, whatever is the most dominant choice at a certain point in time, it defines what their culture is...

untrue? maybe but then again maybe not... you be the judge... (this is really off topic coz i'm already talking culture here... burning culture... agri culture... )

[SamuraiArcher]

Hence the socialized tuition fee scheme. Anyway, let's get back to work I think we've wasted enough time arguing over this matter. Again a 7.5% GDP growth is better than none at all.

bitaw nagkalayo na sa topic about GDP growth...d man kaayo na sya nako ma relate to eduaction..especially sa tuition fee sa UP....

[thadzonline]

eventually, GDP growth is supposed to impact education, not only in UP, but education in general just in the same way that it is supposed to impact inflation(lower prices?) and other economic indicators. So far, how has this GDP growth affected the prices of commodities? Because supposedly with GDP growth comes the stretching of purchasing power and by no means is 7.5% growth minimal in economic terms

[baron]

^ I don't know if I have shared this information already but inflation rate continues to slow down at 2.4% this year. I am no economist but from what I have learned, a lower inflation rate tells us that there is an improvement on purchasing power of people. This is an indication that the people there have been an increase in their purchasing power.

Maybe it seems to be slight increase, and other factors might just set off this increase in purchasing power. But then again, these are just indications that we are improving.

[thadzonline]

in principle, yeah, nitaas ang purchasing power...but mura nabawi ra ang impact sa pagbayad ug higher taxes and the continuing trend to pass on consumers ang tax(like EVAT) nga dapat unta bayaran sa mga corporations who have been turning in profits

[Bizzy]

up

[gareb]

baron:

Of course, who's a businessman in his right mind putting up a business only to break even? What I am saying is that as these businessmen invest, they will get what is equivalent to what they have invested. Of course, they expect to profit from it. Otherwise, it will be futile to put up a business.

the question here would be; is the kind of business dealings that we have with these foreign investors a fair and equitable one especially on the side of the Filipinos? the answer has always been a consistent 'no.'

Every administration has six years to prove that they can do something for the economy. Sadly, we don't see much improvement unlike this administration is faring.

every administration announces itself to have made significant economic gains in its own tenure; there is nothing surprising about that. hollow grandstanding is what modern philippine politics is all about anyway. what is painfully depressing is when the people actually believe these empty pronouncements, including GMA's touted 'end of the boom-bust cycle', when historical data, as well as social and economic analysis of the situation is clearly against it.

I don't know if I have shared this information already but inflation rate continues to slow down at 2.4% this year. I am no economist but from what I have learned, a lower inflation rate tells us that there is an improvement on purchasing power of people. This is an indication that the people there have been an increase in their purchasing power.

yes, but there's a catch.

inflation rate is expressed in percentage; the rate of increase of average price. if you have a progressively decreasing inflation rate but one that still retains a positive value (example, from 4% down to 2%), one can say that your purchasing power is strengthening, but that does not mean that the prices of commodities have stopped increasing. only with a 0% inflation rate can one theoretically say that the prices of goods have stopped increasing, and a negative value inflation rate would tell us that there is a decrease in the prices of goods.

so even with the slowing down of inflation rates, prices will still be going up, albeit not as much as before. however, because of the fact that prices are still going up, the decrease of the inflation rate can only be seen as a statistic. add to that the persistently high unemployment rate and the basement wages that we have, the few percentage points, much less fractions of a percentage point, of a decrease in the inflation rate would not make much difference.

a decrease in the inflation rate is a good thing mainly for the consumers. however, an unstable inflation rate, such us what we have, is a ruin to businesses and other areas of the economy. the challenge is to stabilize it around 2-3% for the next few years, considering all the see-sawing of other factors involved.


Amando Doronila of the PDI;

"Augusto Santos, the acting secretary of socioeconomic planning, has admitted that expenditures related to the May 2007 elections may have been a factor in the second quarter growth...

The election expenditure factor is seasonal. Its contribution to the growth surge reinforces skepticism over the sustainability of the robust growth."

[kratos]

it may be rather high but Pres gloria's strategy of putting jobs here in the phil is not targeted in many facets sa filipino who are really seekign the RIGH jobs for them, yes offcourse nagsuplutan ang call centers? but most filipinos are better off that agents? they are PROFESSIONALS for god sake, in the US u can be a call center agent kahit hiskul grad ka.. duh? hehehe she should be thinking of jobs that CORRECTLY fit what we are looking for and what we are best for..