• 6 AUGUST - *1907 - Gen. Macario Sakay, one of the Filipino military leaders who had continued fighting the imperialist United States invaders eight years into the Ph...
    5 years ago

......................................................................................

The Daily Tribune

(Without Fear or Favor)

Specials:

Bulatlat.com

World Wildlife Fund for Nature-Philippines

The Philippines Matrix Project

‘Insensitive’ Noy junks calls for legislated wage hike By Virgilio J. Bugaoisan and Charlie V. Manalo 05/02/2012

Wednesday, May 2, 2012

‘Insensitive’ Noy junks calls for legislated wage hike

By Virgilio J. Bugaoisan and Charlie V. Manalo 05/02/2012

President Aquino virtually admitted on Labor Day his administration’s helplessness in addressing the growing restlessness of the labor sector as he rejected proposals for a P125 across-the-board legislated wage hike despite the desperate pleas for a wage adjustment amid the rising costs of fuel and basic commodities.

Bayan Muna Rep. Teddy Casiño quickly branded Aquino as insensitive and ignorant after rejecting the call for a legislated P125 wage increase, saying the President’s position on matter clearly betrays his simplistic view on the wage hike issue.

In a text message, Casiño said that Aquino’s statement saying that if the P125 across the board wage increase is implemented, it would amount to P1.4 trillion in cash, a big chunk of the country’s gross domestic product, is a clear manifestation of the President’s ignorance of the economy’s equation..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20120502hea6.html

0 comments

There was an error in this gadget

Blog Archive