“The Arroyo Administration has decided to spend P93.6 billion more than the approved national budget of P1.236 trillion this year to fund more pro-poor programs.”
SOURCE: Remo, M.V. (2008, May). Gov’t to spend P93.6B more this year. Philippine Daily Inquirer, pp. B1, B4
At first, I thought this idea of GMA, and her cronies (if I may call them that), spending more than the approved national budget for this year was a great proposal. How will the government fund for the said additional spending? A nearly P18.6 billion would be taken from the Value Added Tax on oil since oil prices are sky rocketing! And the other portion would be funded by borrowings. Sure, the Arroyo Administration would be funding programs for the poor such as scholarships as well as loaning to PUV operators so that they may modify their engine to a cheaper one that consumes low-priced gasoline. The administration also said that they will be directly giving money to the poor. But would this really benefit the poor and our deteriorating society?
WITH ALL DUE RESPECT MS. PRESIDENT, I believe that the government should not openly give cash to the less-fortunate. WHY?
1. How sure are we that the money that will be given to them will be used for a good cause? For all we know, they would use that money to buy drugs!
2. They would not want to work thus creating more unemployed lazy Filipinos AKA MGA TAMBAY.
3. They would depend on the money given to them and not find other ways of earning money.
4. Lastly, don’t you think that it is a bit degrading on their part if they were just handed money.
The government must formulate other means of helping the poor; they should not dole out money!!
My other concern about this issue is that there is a possibility that the Philippines would be exposed to more graft and corruption. Come on, an additional spending budget? Do we seriously need that big amount of money just for extra spending? I say that the government might use this money for their personal expenses.
To conclude this post, I believe that the additional spending budget would help a bit but would also cause trouble in our community.
SOURCE: Remo, M.V. (2008, May). Gov’t to spend P93.6B more this year. Philippine Daily Inquirer, pp. B1, B4
At first, I thought this idea of GMA, and her cronies (if I may call them that), spending more than the approved national budget for this year was a great proposal. How will the government fund for the said additional spending? A nearly P18.6 billion would be taken from the Value Added Tax on oil since oil prices are sky rocketing! And the other portion would be funded by borrowings. Sure, the Arroyo Administration would be funding programs for the poor such as scholarships as well as loaning to PUV operators so that they may modify their engine to a cheaper one that consumes low-priced gasoline. The administration also said that they will be directly giving money to the poor. But would this really benefit the poor and our deteriorating society?
WITH ALL DUE RESPECT MS. PRESIDENT, I believe that the government should not openly give cash to the less-fortunate. WHY?
1. How sure are we that the money that will be given to them will be used for a good cause? For all we know, they would use that money to buy drugs!
2. They would not want to work thus creating more unemployed lazy Filipinos AKA MGA TAMBAY.
3. They would depend on the money given to them and not find other ways of earning money.
4. Lastly, don’t you think that it is a bit degrading on their part if they were just handed money.
The government must formulate other means of helping the poor; they should not dole out money!!
My other concern about this issue is that there is a possibility that the Philippines would be exposed to more graft and corruption. Come on, an additional spending budget? Do we seriously need that big amount of money just for extra spending? I say that the government might use this money for their personal expenses.
To conclude this post, I believe that the additional spending budget would help a bit but would also cause trouble in our community.
