OP ED | Opinion Column | Premium- Marcos Jr. doesn’t have an economic stimulus plan
PRESIDENT Ferdinand Marcos, Jr., one year into his presidency, has no program to stimulate the economy or fight inflation decisively. If Marcos does not go beyond slogans and Hallmark card-like admonitions to his people and fails to unveil such economic programs during his term, we’re doomed to another era of mediocre economic growth, so vulnerable to shocks from abroad. “Bagong Pilipinas” is certainly not a plan.
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The lack of such programs is the elephant in the room that businessmen and opinion-makers have refused to acknowledge. Big businessman Jose Ma. Concepcion 3rd, an avid supporter of Marcos, was just being polite when he said the other day, in the context of the official proclamation that the Covid-19 emergency has ended, that it is “time to focus on the economy.”
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