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Wednesday, November 24, 2010

It's A Shame That It's Our Poor Who Are Sustaining Our Economy

The past administration have called our OFWs 'heroes', which they rightly are, but it is a great shame for our society to face that it is our poor who are actually sustaining our economy and keeping it afloat - since we don't have a strong manufacturing or industrial sector.  I don't know how strong our agriculture and fishing sector are - but gauging from how many of the young want to go in that direction - I don't think it's something we can be proud of.  It is the monthly padala of our OFWs that have kept everything up and about - and at least now - with more confidence in PNoy's government - foreign investors are once again eyeing us in terms of capital inflow in our stock market and investments in our economy.  We are just too dependent on the OFW remittances and it's time we slowly build a stronger economy, that which actually makes things or at least offer services that the world needs - something that today's BPOs are currently doing.

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