Time To Put A Stop To 'Vengeance Politics'
Editorial

Blinded By The 20-Peso Promise

May 16, 2022, 5:16 AM
OpinYon Editorial

OpinYon Editorial

Writer

Great! Lesser household expense on food plus the pledge to lower power rates, among others.

Can we deny the fact that many fell into the bait of a hallow promise: P20-30 per kilo of rice? Consider many farming communities in Eastern Visayas recently damaged by natural disasters!

Wealthy politicians have no idea how a poor man would be able to put rice on the dinner table no matter the price per kilo. There are dire consequences in the fulfillment of this pledge.

Presently, fertilizer alone costs at least P2,000 per bag! Compute the seedlings, labor and other expenses before harvest time?

According to the agriculture department, the recommended fertilizer use for inbred rice is 4.83 bags per hectare.

Therefore, to fulfill this shoot-to-the-moon promise, the government should be able to provide at least 50 percent subsidy for local farmers and land owners. Or, the new administration would have to settle to more borrowings to add to the almost P13-trillion foreign debt the Duterte government will hand over as of this writing.

Picture that just recently, the Department of Trade and Industries approved price hike for basic commodities. Fuel might cost P100 per liter soon. How about household utilities like electricity, water and communications?

Already, all these are too much to handle not only for consumers earning minimum wage but moreso for the new administration.

If under Marcos Jr., his government will be forced to make good his promise. Or would it leave those who voted for him agape just be like Duterte's drug war and traffic pledges?

Unless the new leaders would come up with new ideas and better programs to truly help the country's famers, that promise will remain hallow, risking the country's economy to the direction of further decline.


We take a stand
OpinYon News logo

Designed and developed by Simmer Studios.

© 2024 OpinYon News. All rights reserved.