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+ Follow MAYBE LILIA BAUTISTA AND MAR ROXAS Tag
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[ArticleID] => 95930
[Title] => Redistributing (ill-gotten?) wealth - DEMAND AND SUPPLY
[Summary] => As I stepped out of my car one day last week, a neighbor met me at my driveway to ask me if I knew that people were lining up at the back of the People Power monument and being given cash. She sounded horrified by it and rightly so. But I calmly told her that there is nothing to feel bad about. If thats whats happening, whoever is doing it is simply redistributing wealth and thats good for the economy. Thats a way of pump priming the economy at a time of budget deficits.
[DatePublished] => 2001-04-30 00:00:00
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MAYBE LILIA BAUTISTA AND MAR ROXAS
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[Title] => Redistributing (ill-gotten?) wealth - DEMAND AND SUPPLY
[Summary] => As I stepped out of my car one day last week, a neighbor met me at my driveway to ask me if I knew that people were lining up at the back of the People Power monument and being given cash. She sounded horrified by it and rightly so. But I calmly told her that there is nothing to feel bad about. If thats whats happening, whoever is doing it is simply redistributing wealth and thats good for the economy. Thats a way of pump priming the economy at a time of budget deficits.
[DatePublished] => 2001-04-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
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abtest
April 30, 2001 - 12:00am
Recommended
Malacañang has declared special non-working days in five areas to allow residents to participate in local festivals and commemorative activities.
13 hours ago
Malacañang yesterday dared Davao City Rep. Paolo Duterte to show documents proving that the flood mitigation structures in his jurisdiction are real. The Palace issued the challenge after Duterte disputed a statement of the Office of the Ombudsman that Davao City is the “epicenter” of anomalous flood control projects.
1 day ago
President Marcos is open to imposing stiffer punishment for possession of loose firearms, but has to study the final version of the bill to be passed by Congress,?Malacañang said yesterday. ?
2 days ago
The government has yet to decide on the request to extradite accused sex offender Apollo Quiboloy as the Department of Justice is still examining documents transmitted by the US government, Malacañang said yesterday.
3 days ago
The Sandiganbayan Sixth Division has denied the petition of Uswag Ilonggo party-list Rep. James “Jojo” Ang to dismiss one of his graft cases for conflict of interest over allegedly being a “congtractor” in infrastructure projects.
3 days ago
Lotto Aug 28, 2026
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4D LOTTO - 8 9 1 4
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P31,690,805.00
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Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66









