i mean here in the philippines, everytime the government have a press release that the economy is doing well, that gdp is growing as fast as it could, big businessmen also say the same, but whenever the people ask for a salary raise, their enthusiastic tone will quickly turn into an excuse and will say that the government is lacking funds to raise wages, the businessmen threathens that it will close the company if people or workers pursue higher wages...... what is happening? i dont understand... my mind is telling me that the growth of gdp only benefits the pocket of those people who have big businesses and to the corrupt people in government.... aside from that they raise the value of pesos, from 55 pesos per one US dollar to 45 per dollar, people initially thinks that the buying power of domestic currency will increase but reverse effects are happening prices are still going very high specially the gasoline prices. (filipino earning international workers around the world is so big
2007-09-01
16:45:28
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1 answers
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asked by
tutero_k
2
in
Security