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Showing posts with label wages. Show all posts
Showing posts with label wages. Show all posts

Tuesday, March 14, 2023

P750 minimum wage can fuel further inflation

It is more fun criticizing








We all need more money in the midst of inflation   But for the petition P750..00 minimum wage being petitioned several questions must be raised:

1.  Where will companies get this?   Simply add this to their cost of goods of sold and further jack up prices. ?  Consumers will end up getting less for the high wages?

2.  Can companies afford this increase in costs in the midst of inflation and recession?   The govt is increasing interest rates so that companies will not borrow, thus causing them to close and lay off employees   Cutting off jobs is a cruel way to solve inflation?

3.  More PHP in circulation will fuel more inflation    More php currency fuels inflation.   

This is going to be hard    We save on our expenses raise our food   WE have to go on survivalist mode

All ready slum areas are in areas like USA, Europe   We are thankful we still have jobs   Let us not push our fiscal resources to the limit.

Thursday, December 23, 2021

Justice from Odette

It is more fun criticizing








This post has been scammed by a residetn of Toledo City for P25,000 for the purchase of a bike equipment. Despite repeated demand the subject did not reply.  This post understands I was not alone.  

A lawsuit, estafa was contemplated but the filing fee alone renders the whole exercise uneconomical  

And now here comes Odette an Angel of the Lord who probably sought justice for us.  This post is sure that the damage to the properties of the subject is more than P25,000.

May this serve as warning for the past, present, and future scammers.   God is watching us and retribution can be fast and exacting.