Hindi ba dahil sa heavy borrowing ni GMA to publicly finance her presidential campaign, ay lumaki ang foreign debt natin at lumala ang financial situation ng ating bansa?
And IIRC before the election, GMA was giving away free Philhealth cards to buy the votes of the poor (saan natin makukuha ang pambayad diyan?). We also have the "walking ads" program ni GMA, using gov't money to political advertisements.
Then, nandyan pa yung pera na ginamit ni pandak para panggastos sa mga million-peso talent fees ng mga artista endorsers niya katulad nina Nora "adik" Aunor, Kris Aquino, Boy Abunda and Ai Ai delas Alas.
She claims na she doesn't care re the opinion surveys because she's trying to institute painful reforms raw to improve the economy. But why initiate reforms only now and not earlier in 2001 like she originally promised?
If we have a serious economic crisis, bakit hindi niya inayos ito while it was still managable back in 2001? Wasn't economic reforms one of the reasons why she was installed as "president" after edsa dos?
Is it because during 2001-2004, ang priority ni GMA ay hindi ekonomiya at reporma kundi siraan ang opposition (like ping lacson) at asikasuhin ang presidential election run ni pandak for 2004?
Or maybe wala pang serious financial crisis after erap was removed from office and it is only after the reckless borrowing of foreign money by GMA to fund her re-election campaign in 2004 atsaka lang tayo nagkaroon ng financial crisis at dapat na raw taasan ang buwis natin?
So in short, ang gustong mangyari ni GMA ay: tayo ang magbabayad sa mga pinang-gastos niya sa nakaraan na halalan at yung mga million peso talent fees nina nora adik at kris aquino.