[Newspoint] Junior gives us our cake

Philippines News News

[Newspoint] Junior gives us our cake
Philippines Latest News,Philippines Headlines
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'Actually, the state of the nation [Marcos] described is not the state in which we find ourselves today. We’re all messed up...but to touch on that is to betray his predecessor.... So he just gave us cake, but not to have and eat until after six years.'

We wanted details, so he gives us details, largely represented by numbers, numbers splashed as icing on a cake of promises. He gives us big numbers where we wanted them big, small where we wanted them small.

That’s nothing short of miraculous. Poverty incidence has dawdled between the high sides of 20% and 50%. It came down to 21.6% when the economy grew at its highest average since the 1950s – 6.2%, for 2010-2016.

His readiness to explain and defend Junior reinforces the suspicion. He is listed as paid an annual salary of P16 million, and having made P41 million in 2021 all in all, as Duterte’s governor of the Central Bank, from where Junior has recycled him into finance. Now, it should not be hard to imagine what it’s worth to him to be so ready.

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