You Don't Need A Degree In Economics To Understand That 4Ps Won't Generate Jobs

It's idiotic to think that 4Ps will create jobs or that a country can do without Foreign Direct Investment but not without 4Ps. Some crazy old man still thinks that there's a 5.88 multiplier effect, that giving of 4Ps will result in 3x multiplier effect returns yet he can't even account for the input. He claims he doesn't deal with hypothetical scenarios -- so how did he even get anything planned? You can't have innovation without the hypothesis, can we? After all, isn't innovation related to definition, discovery, development and delivery?

The same crazy old man says, "You don't understand economics." I'd like to tell people that you don't need a degree in economics (though asking a credible economics major is advisable) to understand that 4Ps won't create jobs. While spending is indeed necessary in business but not all spending benefits one's business. There's no benefit for a business for a businessman to spend all his money on nonsense instead of stuff like Research and Development.

The same can go for 4Ps and its claim that it's an investment or that it will generate jobs. You give money to the poor but will all that spending return 3x or have that 5.88 multiplier as this crazy old man claims? The situation is just like using your mother's allowance to spend on your brother's business and your brother provides money to your mother. Your brother's business didn't get a real increase in profit compared to if you bought something from him from your own hard-earned earnings. If the poor decide to spend their 4Ps on nonsense stuff then none of that money will return back to the government with a 3x or 5.88 multiplier effect.

The truth is that 4Ps is isn't a real investment to start with. If you can't account for the input or the source of income or to say it's a self-funding policy then your equations mean nothing. Mathematics isn't meant to be just a numbers game -- it's meant to be applied across multiple fields of life. Application of Mathematics requires real credible input otherwise how can it be applied? If you can't account for the so-called 5.88 multiplier or 3x multiplier effect or the source of income then forget about 4Ps. Input is very important in the application of Mathematics to any subject. After all, didn't the engineer not only deal with hypothetical scenarios but also the necessary input before they could construct a well-built infrastructure?

Worse, the same crazy old man says that FDIs won't come without 4Ps. The claim is bogus for this reason as Deng Xiaoping and Lee Kuan Yew didn't give 4Ps to Chinese and Singaporeans. When asked if they did -- he said he believes so but couldn't provide any proof that both of them did. His proof may only come from a biased socialist source. When he's asked to read Lee's books "From Third World to First" -- he simply says he doesn't need to read it. When asked to how did Deng and Lee make China and Singapore prosperous all he says is, "I don't know." In truth, FDIs is not just about selling to locals but also manufacturing. They don't necessarily sell products to locals. They could hire poor, unemployed people in those countries to help in the manufacturing of their products or to act as their employees such as drivers and janitors.

Forget about 4Ps and let's open up the Philippines to FDIs. That way, both Filipino and foreign businessmen can help the Philippines generate more jobs for Filipinos.