Prescription to an ailing economy

 

One of my former schoolmates at the university asked me what can be done to improve the economic situation in the Philippines.

 

Perhaps, what the Philippines need to get back on track with its Asian neighbours is a combination of many factors. To name a few:

 

The president must have the administrative skills of Senator Richard Gordon. Consider what he did as chairman of Subic Bay Metropolitan Authority and mayor of Olongapo City. He must likewise have the kind of discipline imposed by Lee Kwan Yew in Singapore plus the intelligence of Ferdinand Marcos without Imelda’s influence. He/she must have the integrity of Cory Aquino and the ideology of her husband Ninoy.

 

He must be a financial and marketing wizard like Manny Pangilinan of PLDT.

 

I do not know how corruption in government can be totally eliminated. Maybe one solution is the complete overhaul of the system plus a re-think of the pork barrel that was copied from the United States. I understand that the going rate of kickback is 30 per cent.

 

One way of controlling corruption is by imposing stiff penalties on those proven to be guilty. I have no objection to capital punishment. Death by firing squad may sound gruesome but I think it will scare the wits out of those corrupt politicians in Congress.

 

We must go down to the grass roots of society, down to the level of
extorting police officers, including army generals who sell arms to Abu Sayaf.

 

More importantly, we need the cooperation of the entire nation. There must be national discipline. A Japanese will readily resign from office when proven guilty of corruption. He might even commit sepukku of hara kiri. I have yet to hear of a politician resigning from office. Gloria Arroyo should have done that when she learned of her husband’s involvement in the ZTE-NBN deal.

 

But, maybe the greatest hurdle is poverty which I believe is caused by over population and uneven distribution of the wealth of the nation. The problem here is the firm stand of the Catholic Church against contraception. It preaches abstinence but in reality, will the wife refuse when there is strong urge from the husband?

 

Could it be improved tax collection? How can we eliminate tax cheating when even doctors and lawyers do not issue receipts to patients and clients? Many local banks in the Philippines have a tax shield enjoyed by its senior officers. How about our Gross National Product and Balance of Trade? Ahhh, that’s another topic.

 

Our country is in deep shit. How do we get out of it?  You tell me. – ? DMC

 

(Reactions to this editorial are most welcome. An email to dinocres2@hotmail.com can be sent and will be published in the next issue.)

Updated: 2009-09-09 — 04:48:46