Vice President Leni Robredo’s Laylayanomics and the President’s Dutertenomics are two contrasting projects aimed to improve the economy. PDu30 applied the tested formula of Marcos’ golden age that involves developing the necessary infrastructure to aid the citizens on their day to day lives particularly in the areas of livelihood. An efficient transportation system is a must for the country to progress. While Robredo focuses on the marginalized poor, PDu30 addresses the general need of the public for their own welfare.
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[VIDEO]: VP Leni Robredo launched ‘Laylayanomics’ at SMX Convention Center in Pasay City on June 2, 2017.
Economic inequality already existed since the late President Ferdinand E. Marcos’ era. This is why he spearheaded the quality education methods in the country. The University of the Philippines is one proof to that – but some alumni just want to destroy him. Due perhaps to certain ambitions hindered by the able leader. However, the gap now between the rich and the poor is widened. Therefore, it is necessary for the second leader to take action in helping the ones in the streamline of society. Former Vice President Jejomar Binay continued his Makati Sister LGUs Program without much noise. Robredo’s Laylayanomics may have the same aspirations but this need not be compared to the President’s initiative because it is a mere supplement which is also good.
6% Economy Growth
The Philippines is expected to remain the fastest-growing economy in the Association of Southeast Asian Nations 6 (ASEAN-6) this year. The rising infrastructure spending and domestic demand have something to do with it, said the economists of Standard Chartered Global Research. The bank’s research team expects the Philippine economy to grow by 6.9% in 2016, and by 6.7% in 2017. This is also fueled by the growing middle class. The boom in the business process outsourcing (BPO) industry and the boost in public infrastructure spending are two main helpful factors.
However, despite the positive effect of Dutertenomics, the least Robredo could do is not to put negativity on the improving situation. Instead of saying; “despite the 6% growth in the economy, around 30% are hungry,” she can be more positive. She can say, “thanks to the Dutertenomics, it looks like the country’s situation economy-wise is still rising. This is why the OVP makes sure that the poorest of the poor are not left behind. We are here to aid them in accessing the government’s livelihood programs, educational scholarships, medical care and so much more.”
“Dutertenomics” showcased the priority projects of the Du30 administration. This is to usher in the country’s “golden age of infrastructure.” The Mega Manila Subway system, for example, may be initiated as early as 2019. The P227-billion project is“one of the very ambitious projects of the current administration.” It would be funded by the government and through an official development assistance. It promised to bring commuters from Quezon City to Taguig in just 31 minutes.