GMA to get double her salary
Oops. I know in the old constitution this was not allowed. The purpose being that to protect the value of money, the President's salary was pegged at Php35,000.00/month. At the time the constitution was written, this was a huge amount of money. It was a self limiting law.
I remembered a month ago, I had loose bowel movement (LBM). Someone told me that so long as I drank lots of fluids, without medication, it would go away as this was self limiting. Likewise, with this law in the constitution, if ever the president does not protect the value of money, i.e., spend more than what it's earning, sooner or later, it would be that the salary of the President would be of Low Value due to inflation that no one would spend so much to get the position anymore.
Without that law in the present constitution, it's open season for any President to increase the salaries of Government Employees to the deteriment of the Private Sector. This would only flame inflation in the country and that government employees will not protect the value of money anymore for they easily could get salary increases thru legislation.
Again, I reiterate the role of government. Government officials are servants to the people. They should see to it that public funds are spend properly, expose fraud and corruption at the highest levels of government institutions. They should protect the private sector, the middle class, the people who work hard to pay their taxes, the people who make the economy run.
Government alone cannot make the economy run and has no business in doing so. What's happening now worries me as this will destroy the middle class, destroy the private sector leaving only a government with fat big salaries with an economy that could not support itself.

