Saturday, August 07, 2010

Should the Philippines stick it up with holiday economics?

I am reacting to President Aquino's having second thoughts in declaring 23 August--a Monday--a non-working holiday, in lieu of the commemoration of the death of former Sen. Benigno Aquino, more than 20 years ago.

Well, the Philippines already have 20 public holidays each year. Add to that, each of the 78 provinces and 82 cities have their own public holidays, too. Each religious sector have their own respective special days also.

Being a tropical country with poor road infrastructure, we often experience calamities that needs to declare "No classes/No work".

With these, how many lost opportunities will there be if our country will continue to practice holiday economics? The kids will have less school days. Businesses will have no income on that day. People will spend and not earn during the supposedly-productive days.

Until such time that the country can afford life's luxuries, I think we have to put to a limit declaring public holidays.


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