Score one for sex video scandals, zero for the economy

Katrina Halili in an FHM glam shot in better times.

(The same content — and perhaps even more — can be found on my new site, http://www.jackthescribbler.com.)

 

Score one for sex video scandals, zero for the economy
Or make that 0.4 percent for the economy, the rate of its growth for the first three months this year.
Besides being the lowest in ten years, the first quarter turnout is also below government expectations.
This has prompted Manila to warn of a recession, defined as an economic decline for six months or more.
But who’s keeping track? Or more appropriately who cares?
No one, save for businessmen, economists, geeks, and business reporters who are required to ensure the veracity of their facts and figures.