Poorer than poor
Wednesday, April 30, 2008
As my parents tell something about there life when they are young. We always believe that our country is rich and improving from economic situations. When I was a child I don’t listen and I don’t observe what’s happening to our country. All I want is watch my favorite cartoons and play all day long.
As I grow up I notice that there is something different. I observe that I must be a good example and help our government like placing garbage in a trash can something like that. Time are going faster and faster and I notice in my life that I will be responsible to my self someday. I must find a job to feed my mouth. Then I observe that the exchange rate of peso is getting higher and higher. From 8 pesos now its 42 pesos that is the exchange rate of our money to US dollars. Next, the gasoline and the electricity oops there is one more thing the food are getting higher too. The peso is getting higher and the gasoline etc will compete to increase to there prices to recover there self. If the gasoline, electricity and food will be maintained in there prices and they will not increase there prices. They will be bankrupt and they will not recover there money. To save there asses they will increase all the prices, some businessman will increase there prices twice the price of the original prices. They said that it’s in demand and out of stock in the market or shortage that’s why theye are increasing the price twice of the products, it’s that the situation? It’s that going to help to produce the item by increasing the price twice? I think it’s a big no. The one who are affected are the ordinary people that there wages are not enough to eat 3 times a day. The wages of the Filipino worker are maintained to ordinary wages but the increases in gasoline, food are getting higher twice than there original prices. How come they can survive to live in our country? All of this is happening right now and we can’t stop it. We all suffer at this moment but there are some tarpaulins in the street say’s that the economy of the country are getting better, or we feel that our country are improving. If I ask you about this… do you feel that we are getting better? Do you feel that we can survive or do you believe on what the tarpaulins are saying?
As you observe the exchange rate of our money the exchange rate are getting lower from 57 become 41 and that means our economy are improving. But how come that the wages of the Filipino are not getting higher, how come that the food are getting higher and higher, how come that the gasoline and pamasahe are getting higher. Now the exchange of peso to dollars is 41 and now its 42 the news said that the electricity will be getting higher again. I think there is a problem from solving the math. We hope that if the exchange rate of peso will become lower of course the food, electricity and gasoline will become lower. They said that there will be a roll back on there prices in one week but the next week will become worst. They will increase there prices twice and that means the roll back in one week was cover up by the twice increase of the product. Now the exchange rate are getting higher so I think that the price of gasoline, food are maintained because when the exchange rate was getting lower they already raise there prices of there product but I was wrong, Automatic it became higher than before. How come that they can ignore this problem? The people cannot take it anymore. If they increase the wage maybe they can survive but for now there is no news about the increase of wages but there in news in increase of products. Can you recover? Can we survive?