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Worse hunger cited in blocking fare hike petition, other price hikes

Friday, December 9, 2011

Worse hunger cited in blocking fare hike petition, other price hikes

“At this point any increase in transport fares will be rendered insignificant amid continuing oil price increases.” – Lana Linaban, Gabriela
By MARYA SALAMAT
Bulatlat.com
MANILA – Filipinos are known for being optimistic and happy, but many still cannot escape the harsh reality of increasing prices and dwindling income. More than half of Filipino families (10.4 million) have rated themselves as poor in the third quarter of this year, up from last quarter’s 9.8 million families, based on a Social Weather Stations survey. “Moderate” and “severe” hunger also reportedly worsened, as an estimated 4.3 million families experienced having nothing to eat in the past three months.

These only confirmed what progressive groups have been saying each time they press the government to put an end to hikes in prices of oil products and utilities, and for a substantial wage hike. The monthly budget of Filipino families has been eroded through the years without a substantial wage hike amid nonstop price hikes.

In a study released last April, independent think-tank Ibon Foundation revealed that the current minimum wage in the National Capital Region, where wage is relatively highest in the country, is down to two-fifths of the estimated average family living wage (FLW) of P988 ($22.976) a day. Wages have thus shrunk further from being at least half of the average family living wage in 2001 to just two-fifths of living wages today.

Aquino administration and price hikes, worse hunger

Instead of correcting this problem of forced belt-tightening of Filipinos, the Aquino government has “time and again wronged the people by failing to provide a much needed respite from scandalous increases in prices of oil and other commodities,” said Lana Linaban, secretary-general of women’s group Gabriela.
President Benigno “Noynoy” Aquino III has been accused of conniving with the oil cartel and sharing in their “greed,” to the detriment of Filipino consumers. Aquino has also been criticized for not acting on pricing abuses of telecommunication companies, power companies, drug companies and schools and universities. His 2012 budget was likewise condemned by critics as skewed against the actual needs of the people and more in favour of paying big financial institutions and arming the military..... MORE

SourceBulatlat.com

URL: http://bulatlat.com/main/2011/12/08/worse-hunger-cited-in-blocking-fare-hike-petition-other-price-hikes/

1 comment

Jesusa Bernardo said...

bale from 50% down to 40% ang value ng average family living wage mula nang mag.edsa 2 kayo/silang mga estups?

"In a study released last April, independent think-tank Ibon Foundation revealed that the current minimum wage in the National Capital Region, where wage is relatively highest in the country, is down to two-fifths of the estimated average family living wage (FLW) of P988 ($22.976) a day. Wages have thus shrunk further from being at least half of the average family living wage in 2001 to just two-fifths of living wages today."

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