Our generation needs an ENTREPRENEURIAL REVOLUTION.
News has it this morning that total OFW remittances for the first 9 months totalled $l4.76 billion; the total is expected to be more than $20 billion, more than $l8.00 billion last year. Thats a whopping almost trillion addition to our economy fueling consumption retail sales, sale of houses, travel, tourism etc.
This has made our dollar reserves robust, made us survive many crisis, made up for loss of manufacturing and low agricultural productivity. And all of these came from high population growth? Guys in the public sector, shall you continue crusade for the RH bill.
While in tourist destination last week I happened to watch a debate on TV regarding granting/not granting residency status to domestic helpers. The protagonists were certain Dr Pan in the Legislative Council and a certain Emman a Filipino representing domestics in that area. And what was disturbing was the comment why would residency be given to such workers who in the first place can not be given decent livelihood in the Philippines? Well some of them were teachers, and had jobs and were lured by high paying jobs, because their workers would lose more if they would do domestic work. The domestics were paid dearly, otherwise, they would not be motivated to work for them. They are there because the residents need domestic helpers - badly badly.
Without the OFW, we would be in crisis. The OFWs industry survived and flourished because we are talented and courteous people; the world needs Filipinos, and we have the fertility and the population to suplly workers to ZPG or grey haired populated areas.
News has it this morning that total OFW remittances for the first 9 months totalled $l4.76 billion; the total is expected to be more than $20 billion, more than $l8.00 billion last year. Thats a whopping almost trillion addition to our economy fueling consumption retail sales, sale of houses, travel, tourism etc.
This has made our dollar reserves robust, made us survive many crisis, made up for loss of manufacturing and low agricultural productivity. And all of these came from high population growth? Guys in the public sector, shall you continue crusade for the RH bill.
While in tourist destination last week I happened to watch a debate on TV regarding granting/not granting residency status to domestic helpers. The protagonists were certain Dr Pan in the Legislative Council and a certain Emman a Filipino representing domestics in that area. And what was disturbing was the comment why would residency be given to such workers who in the first place can not be given decent livelihood in the Philippines? Well some of them were teachers, and had jobs and were lured by high paying jobs, because their workers would lose more if they would do domestic work. The domestics were paid dearly, otherwise, they would not be motivated to work for them. They are there because the residents need domestic helpers - badly badly.
Without the OFW, we would be in crisis. The OFWs industry survived and flourished because we are talented and courteous people; the world needs Filipinos, and we have the fertility and the population to suplly workers to ZPG or grey haired populated areas.
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