View From the Top

 

In other years, Christmas season started as early as the first days of November. Even at the ending days of October, Christmas songs were filling the air. Malls, supermarkets and even small stores start decking out in their Christmas finery.

The object is to create a holiday atmosphere to induce the people to buy early. Avoid the Christmas rush, they say, buy now, runs the message. However, it is not happening this year.

The big stores may start but only them. This ploy would not affect empty pockets. Though the pesos is rising vis a vis the US dollar, the peso gain is directly proportional to the raise in prices of essential commodities. Some of us find the situation anomalous. The purchasing power of the pesos is supposed to rise. However, the rise of prices outstrips the rise of the peso.

When the peso was 56 against a US dollar, the price of fancy rice - is the Camia and Panda really imported? - was something like P22 per kilo. Now when the peso is 42 against the dollar, the price of these rice are pushing P30 per kilo. Where did the peso gain go? The fishes in the Jagna market like the GG and the bangsi or flying fish, which are rarely bought in other places of the Philippines, are hitting more than fifty pesos per kilo.

It is sad to say that our economic gains, if one would call them that, is artificial.

The dollars come from the OFWs. Our population explosion made up for the population shrinkage of the industrialized countries and the backwardness of the people from oil producing countries. As long as we keep exporting people, we can keep our economy afloat.

However, we cannot always depend upon dollar remittances. We must have income of our own. The question with population explosion is that we can hardly feed ourselves. We are rice growers. We spend money for research to grow miracle rice. Then we train Thais, Burmese and other South East Asian peoples so we can import cheap rice from them.

The ultimate danger is that if the peso reaches ten to a dollar, a prospective OFW would think several times before going abroad. Or if the goes abroad, he might think of bringing his family along and staying there for good. It is relatively cheap earning dollars and spending dollars there.

Though the dollar inflow is steady, the outflow is also steady. Japanese stereos will be belting out Christmas songs, Chinese Christmas lights will be flickering on Christmas trees and outdoors. We watch shows on Japanese TVs, ride around in Japanese cars fueled by imported fossil fuel and talk to each other over Swedish, Korean or. Japanese cellphones, Heck Mac, that is what makes our Christmas merry. We feast on chicken today and eat feathers tomorrow.

It is still less than a month and a half until Christmas. Although the people are not yet hyped to go into a Christmas shopping spree because of the economic anomaly, they may be conditioned in the long run. Pavlov was able to make his dog salivate even without the presence of food by ringing a bell. However, the food must inevitably follow so the conditioning would not fade. There must be ways to make Christmas merry without money. But how? When the open season for the maninoys and maninays start, is it fashionable to hide?

 

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