It's not the economy, stupid
This is my column today at the op-ed section of the Manila Standard Today . Because it is election season, candidates are expected to indulge in political tirades meant to prop up their political stock. Certain issues such as fitness for office or morals are highly subjective and open to debate and interpretation. But the performance of the economy is not. Sometime last week, the Genuine Opposition came up with a full-page advertisement in some newspapers to make mincemeat of the economic gains being trumpeted by this current administration. In so many words, the opposition said that the country’s much-vaunted economic progress is a mirage and that the administration is making false claims, particularly about its role in the bull run of the stock exchange and in the appreciation of the peso. From the point of view of the Genuine Opposition, the current administration is simply lucky to be sitting in power at a time when all these good things are happening in the economic front. That l...