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Friday, April 29, 2022

Candidates woo the C, D, E voters, pledge more social welfare ang aid

It is more fun criticizing

Rizal Philippines






As is the usual wooing strategy, the Presidential candidates  have promised ayuda:   one of them a P200 Billion ayuda, more free education, lower priced goods.  That is the easiest way to say but funding those promises is another story.  The additional taxes would be another matter and the voters to be affected would surely be alienated.   One even proposed of selling govt properties to fund the welfare The CDE, Socio economic class compromise 70% of the total population  (about 49 million) and hence it is better to appeal to the sense of free and entitlement of the many of the populace

Some of the promises if done would make the country a socialist one, and /or the country would resort to massive foreign and local borrowing (We are criticizing the current administration for trillion additional debt.  

It is very usual that candidates (even the Democrats) to profess balanced budget, lower taxes, but as soon as they get elected run afoul with reality and then increase taxes, or water down their promises.