The winter of economic discontent
| FRONTLINE |
 |
| Ninez Cacho-Olivares |
Noynoy shouldn’t be too complacent, and even smug about his claimed popularity.
If he follows what is going on in the world today, from the start of the Arab Spring, there is today the autumn of America with the Wall Street protests that have gone global, which will eventually become the world’s winter of economic discontent.
All signs of discontent of a people over corporate greed and inequality, as well as the rich getting richer while the poor get poorer point to this.
People are sick and tired of government’s economic incompetence; of government not doing much to give back to the people what it takes from them; of government giving more and more tax breaks for the wealthy while taxing the poor more and more.
The protests that started in New York City termed as the Occupy Wall Street protests have spread out to at least a thousand cities in the USA, and have now spread to Europe, with demonstrators worldwide shouting their rage against bankers and politicians they accuse of ruining economies and condemning millions to hardship through greed and bad government..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/commentary/20111017com2.html
1 comment
hmmm, ano kaya ang maging anyo ng disgusto na ito sa pinas? mukhang hindi protesta kasi pinaso n'yo na kami nang babuying ng edsa 2 ang people power at patayin ang ilan sa edsa 3 protesters.
"Prices of goods and services have skyrocketed, and Filipinos can hardly afford to live decently. The number of unemployed and underemployed have risen and criminal activities are on the rise, with the Noynoy government being unable to control the situation"
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