Magno-Veluz compared wages of workers in 1962, pre-Martial Law, and in 1986, post-Martial Law.
“Income distribution also worsened during Martial Law, with the poorest segment of society seeing a decline in their share of the total income between 1971 and 1979. The richest 10 percent, on the other hand, enjoyed a much larger piece of the pie,” the report said.Magno-Veluz also compared the poverty level and underemployment rates before and during Marcos’ military rule.
She also noted that these dire figures were also compounded with the high costs of basic commodities. “From 1978 to 1983, the number of workers without jobs increased from 800,000 to 1.2 million. But the figure for underemployment was more shameful, going from 1.6 million to 5.6 million,” the reportMagno-Veluz explained that the Philippine debt during Marcos’ time ballooned to the point that the country had to declare a debt moratorium in 1983.“You have several credit cards and you maxed them all out.
mightymagulang Please do something similar for pre- Duterte, pre-pandemic Duterte, and present. It can bring on an avalance of hate on your thread(but the fact that paid trolls are not on twitter can mitigate that) but it can sway the new, the toing, and the disenchanted voters. 🙏🙏🙏
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