Wednesday, August 27, 2014

Opportunities to build domestic industry in the #Philippines routinely wasted


Some governments identify those products that are necessary to the welfare of their people and subsidize the businesses that provide those things, until they get off the ground.

Why are we importing cheap motorcycles with 2 cycle internal combustion engines from other countries instead of promoting the electric vehicles that are being made in the Philippines?

The Chinese developed a type of trash recycler that is able to produce building materials. Why isn't there one of those in every municipality? The two innovations above could create jobs and address the pollution problems that plague our country.

The wealthy and powerful do not want progress because they are making tons of money just the way things are now.

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http://getrealphilippines.com/blog/2014/08/jeepneys-remain-a-stark-symbol-of-the-philippines-utter-failure-to-prosper/comment-page-1/#comment-659998

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