Various sides have been heard regarding fare increases. NEDA is against is as this will trigger a new round of inflation. Fare increase triggers wage increase and price of goods (As of now those affected by trucking fare increase have unilaterally increased their prices)
This noon some discussion were seen at CNN by a jeepney drivers association
1. That the P6,500 is not enough and will just be returned to the oil companies
2. Oil companies (an old leftist line) are gouging our people (But oil price increase come from the
oil traders and producers like OPEC)
3. That the take home income of drivers have been reduced (Because they included food expenses of the drivers (maybe with barkada. What should prevent them from including their alak expenses later on
May be a computation a simulation of how many paying passengers on the average, the fuel consumption must be detailed.
4. That the sad state of the revenue vs expenses will force many drivers to shift to other jobs and force them to stop
It is noteworthy that only jeep drivers would be the only ones affected (the more vocal) groups but not buses or vans, or TVNs
One wonders if the statement of the official of the jeepney drivers group is to be believed
So various options:
1. P1.00 fare increase
2. P5.00 fare increase
3. P6,500 assistance to the jeepney drivers
