Vote No to RH Bill
In the unlikely event that the RH Bill will be finally be put to a vote in the House of Representatives before the current session is over, every member of Congress should vote a resounding NO TO THE RH BILL. A law based on the assumption of the desirability of birth or population control is pure economic nonsense when all the kudos and praises being heaped on the Philippine economy by international organizations--both governmental and private--are citing the advantages of a growing and young population. A recent report from Bloomberg (one of the leading business news agencies) was just headlined "Philippines Leads in Demographic Dividend of Supply of Young Workers." The very bullish article about the Philippines--just echoing many others that have come out since the beginning of the current year--pointed out that the so-called demographic dividend from a rising supply of young workers is one reason Japan's second-largest shipbuilder expanded in the Philippines, where workers are on average half the age of its Japanese employees. Chua Hak Bin, an economist in Singapore at Bank of America's Merrill Lynch division agrees: "The Philippines is a 'standout' among countries set to benefit from a bigger labor pool, with its rate of economic expansion likely to rise as much as 1.5 percentage points higher during the next decade."