We need more manufacturing

Why we need more manufacturing for the country?And why we speak about it today? Though some will say that we have a healthy economy, is not a reality at all that we should rest and leave the job for the next day.

Currently, our president, and every president of this country goes into trouble tavelling abroad and find sources of funds in dollar to beef up the economy of the country, an indication that we are short of funds. We cannot deny that the government needs fundings, investments, foreign capitalists to curb the rising unemployment of the country and the need to improve the economy.

First, we have been dependent of receiving domestic products abroad particularly importations from China. Though in practical consideration, because of its cheap products, we were lured to go there and buy under the risk of losing our foreign reserves.

Second, when we buy from abroad, we neglect the problem of unemployed citizens of this country, and promote the employment of Chinese abroad in that categorical sense. Though there is benefit in terms of profit, the cross effect of it, is the rising poverty of filipinos due to lack of jobs in the land.