I was running out of posts to think about. Just then, I decided to visit Rigoberto Tiglao's blog and found a ridiculous article that President Bobong Marcos should learn from his father. As much as I enjoy reading Tiglao's blog such as how a battle of ego dug ABiaS-CBN in - Tiglao is sure CLUELESS AF about basic economics. Sure, I've criticized the late Noynoy Aquino for his shortcomings. I definitely refuse to take part in the Marcos vs. Aquino dichotomy. Maybe, I've made a certain stance in regards to Noynoy to have at least did some growth to the economy or prevented Joseph Estrada from becoming president. Now, it's time to think about Tiglao's rather stupid advice that Bobong should learn from his father. Like wut? Is it time to crown Bobong as the emperor of the Philippines and restore his late father, Ferdinand E. Marcos Sr.'s, near-North Korean-style rule?
I could remember typing a lot of articles about the Marcos Years. Those articles were meant to offend two sides of the coin. First, the Yellowtards (now Pinktards) or whatever name they've become (Lenitards?!) who are so against constitutional reform. Second, we have the Marcostards who still defend the "legacy" of their emperor who left the Philippines in shambles. One of the many articles I wrote is do the anti-reform crowd know why the Marcos Empire was not the golden years, the repeated lie that the Marcos Empire was supposedly a "legitimate parliamentary", and a dare if those anti-reforms can prove that the Marcos Empire was legitimately not a protectionist regime under a legitimate parliamentary. I've had my argument with that guy I dub as Jason VOORHEES in Get Real Philippines regarding that. Either our friend with the hockey mask and machete (SIC) refuses to get or plain doesn't get it.
The Marcos Empire was indeed the Golden Age. The Golden Age for the Marcos cronies was because of economic protectionism. The best years since Bobong became Crown Prince Ferdinand R. Marcos Jr. Bobong would party on the Imperial Yacht while his parents ruled as emperor and empress. The Philippines was almost like North Korea under the rule of Emperor Ferdinand Sr. Of course we know that the emperor wasn't too keen on passing the crown to his spoiled son, right? Unfortunately, the former crown prince defeated former vice president, Atty. Leni Loud Robredo, and he became the president. Leni Loud seems to be lesser evil anyway. Sadly, idiotic Pinkies have ruined Leni Loud's image more than her mouth could. Anyway, we need to focus on the mistakes of the Marcos Empire. Economic protectionism was also a reason why Marcos Sr. practically ruled like an emperor. It's a diabolical economic policy that has allowed vile leaders such as Mao Zedong and the Kim Dynasty to rule with an iron fist. Mao's China was easier to control with the people being poor. The Kim Dynasty keep the population weak by enjoying the benefits that they have but not the rest of the population.
Some idiots say nobody would want if Bobong were president and cause political dynasties. Who really cares about political dynasties anyway? Why are there people now investing in COMMUNIST Vietnam when it's still a dictatorship? Singapore still has a political dynasty as Prime Minister Lee Hsien Loong (who sat ever since the time of Gloria Macapagal-Arroyo) is the son of Lee Kuan Yew. Vietnam still has RAMPANT CORRUPTION. Why are multinational companies (MNCs) choosing to invest in Vietnam instead? It's because Vietnam has LESSER ECONOMIC RESTRICTIONS than the Philippines.
If there's any reason why investors may not want to invest under a Bobong regime would be different. It's not because Bobong is ruling with Sara Duterte-Carpio as his vice president. Instead, it would be if Bobong still sticks to economic protectionism. We already have had some amendments under certain regimes. Both Noynoy and his successor, Rodrigo R. Duterte, signed several laws that allowed ease of investments. Sadly, neither Noynoy nor Duterte were able to make a bigger influx. Checking the negative list makes you think, "Man, there's really a need to revoke all those unnecessary restrictions." That would definitely help ease the burden of foreign investments in the Philippines.
Several decades of protectionism didn't help. What are the real gains after EDSA? If we want to really push the Philippines forward - it's economics first. Economic recovery should focus on amendments such as the negative list. Bobong should focus on calling a constitutional assembly to remove all forms of excessive restrictions. That's what his "great" father FAILED to do. Bobong can simply come out of his father's shadow by correcting that mistake. That is, get rid of the protectionist mindset that has kept the Philippines backward for more than 30 years even after EDSA.
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