For a lot of friends, the presidential promise to lower the price of rice to ₱20 per kilo was “too good to be true.” I myself was skeptical. MBOpinions READ:
But for a lot of poor and lower middle-class folks, that’s something huge and wonderful. It is a departure from what we have always been told: “Prices have no way to go but up.” With wages practically nailed down to sub-subsistence levels, any attempt to drastically lower rice prices is really a welcome thing. It could also be a signal to farmers – who have not been given adequate attention for a long time – that they might have that attention coming their way.
This week, the President said he would like to see the country attain rice self-sufficiency once again. The opposition and critics can certainly condemn this on whatever basis, but only at their own peril. The sugar situation cannot end simply with foiling questionable importation and the resurrection of a sugar monopoly. Let’s make sure sugar prices are lower for consumers, and there’s sugar self-sufficiency through land reform and agricultural modernization.
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