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One too many zeroes EDITORIAL 10/08/2010

Friday, October 8, 2010

One too many zeroes

EDITORIAL
Click to enlarge
10/08/2010
Sprucing up Noynoy’s 100 days speech, which included an Obama-style townhall meeting, remote links to the farthest side of the country and a show of force with all his Cabinet men and business allies all present, was a necessity since the report itself was a big fat zero.

The supposed achievements that Noynoy claimed during the crucial sizing up period cannot be even considered as such.

Zero budgeting an achievement? Many will recall in their school days that this is just one of the many ways of doing the government budget and it will be an achievement for Noynoy if he invented it, which he obviously did not.

As to the effect of line budgeting, it had sown confusion as many key agencies literally ended up with a near zero allocation for next year’s budget..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/commentary/20101008com1.html

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