The Ill Effects Of The Marcos Years Wouldn't Be That Bad Only If The Post-Marcos Years Didn't Uphold Poor Economic Policies
Martial Law Crybabies who just love to keep blaming the Marcos Years (which by the way weren't the golden years of the Philippines either) for the current difficulty that the Philippines has. True, I want to really also say that the Marcos years did play a factor to why the Philippines fell into deep doo doo economically. The oligarchy was even gaining its roots not only during the the Cory Years but during the Marcos Years -- though we have to remember Carlos P. Garcia's "Filipino First" policy also contributed to that decay. Do the names of Marcos cronies like Lucio Tan and Danding COJUANGCO ring a bell? So what caused the Marcos Years not to be the golden years? We need to know some of the factors that actually caused the inflation. Let's take a look at this inflation chart which would need some use of more common sense and some basic knowledge in economics to show what went wrong... The "golden years" or the Marcos Years took place from De...