Sunday, November 12, 2006

Are we growing or getting poorer?

The President had a reason to be happy this week with the country's economic outlook recognized by getting a stable rating from the Moody's Investors Service. Although some groups claim that the widespread hunger in the country belies these claims of growth.

I feel that the country is growing indeed when you see more and more businesses opening up. Although very few of those who failed or gave up hardly gets documented. For the poor who were unable to get proper education or opportunities ahead, the rising cost of living makes one adjust with the little that they have. This is definitely not easy for those who are unable to get additional income to make up in these adjustments.

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