Renato Reyes's stupid call to raise wages while commanding prices to go down is classic commie fantasy!


Apparently, professional commie "activist" Renato Reyes wants to raise wages while, at the same time, expects inflation to go down...




It is, of course, likely that Reyes was out rallying instead of attending his Economics 101 classes back in university so perhaps there is some cause to cut him a bit of slack on this one.

Nonetheless, it is quite irresponsible to be leading people who actually struggle to make ends meet to believe that it is actually possible to call for wage hikes and will prices to go down.

And then there is also that rather inconvenient little law that governs how prices behave while supply and demand vary. The Philippines being "blessed" with an enormous supply of workers pretty much ensures that things won't exactly go the way Mr. Reyes thinks they ought to go. Tough luck for his "cause" is all we can really say.

Comments

Popular this week

Philippine Roman Catholic Church suspiciously SILENT on electoral fraud!

Martial Law Crybabies should stop judging @MsLeaSalonga

Why look to the President in times of bad weather?

Stop it already with "resilience" sloganeering whenever disaster strikes!