It is not GROWTH - Amalayer?

It is not Growth!

I Thought 7.1%  is the GDP Growth of the Philippines when its only 1.3%. PH Administration Are you AMALAYER?

"On the 7.1-percent gross domestic product (GDP) growth the government crows of, the reality of a seasonally adjusted month-to-month growth rate should wake us from the reverie we revel in. Compared to the first quarter’s seasonally adjusted GDP growth of 2.5 percent, last quarter’s seasonally adjusted GDP growth rate according to the National Statistical Coordination Board is merely 1.3 percent. Between a previous 2.5 percent and the recent 1.3 percent is a contraction in the economy. It is not growth."

Source: http://businessmirror.com.ph/index.php/news/opinion/6171-good-bye-cruel-world?