The Indonesian made car, a smack to the integrity of the Philippines. |
This is to relate the jeepney phase out program in the country under the funding of the government of 27 billion pesos, a subsidy amount that can make a difference for our economy.
The qualification of Toyota and Mitsubishi Motors as Japanese car makers are of no question. The question really is how can we relate such monumental funding into realizing the car industry in the country. Such huge amount is an opportunity, and make use of it for long term pusposes like initiating our own national car program that would spur commercial activity in the country, and that will revolutionize industries and industrialize formally our economy by establishing machine and metal industry which is lacking presence here.
The example of the Indonesian pride of national car is an envy to us at the moment. They have conquered what they saw was impossible from the beginning but with determination of the government, national car becomes a reality. The same that we should take the opportunity that the jeepney phase out program will convert our hearts to lay the foundations of car industry int he country and liberate us as trade captors by Japan.
The 27 billion pesos will just go to the pockets of the Japanese car makers that they will give the benefits to the Japanese economy.
Take the opportunity of the jeepney program into a sustainable industry that will provide jobs, and reduce inflation of the country, and further reduce the falling of our peso against the dollar.
The awarding of the funding, subsidy, that will benefit Japanese car makers is a "betrayal" of Filipino interest in this sense due to the financial capabilities of the government will be affected and reduced even more without replenishment.
Note: This is an editorial on the current situation of the country regarding the proposed and impending phase out already in placed by the government, that such program may have greater impact positively on the economy of the country if such will be used better for a new car program of the country which is long due.
Note: This is an editorial on the current situation of the country regarding the proposed and impending phase out already in placed by the government, that such program may have greater impact positively on the economy of the country if such will be used better for a new car program of the country which is long due.
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