Action for Economic Reforms has come up with a statement for President Arroyo:


Particularly because of the circumstances that led to her assumption

into office in 2001, the President should have realized that she was

expected to hearken to a higher standard of governance. That she did

not, by her own admission, has irretrievably damaged her presidency.

Now, her continuing to stay in office will only drag down the nation

into an economic quagmire of fiscal insolvency, poor consumer and

investor confidence, accelerating inflation, and high unemployment and

poverty.



When will all this end?


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