Wednesday 19 June
Dec 25, 2017 @ 14:17

?Hypocrisy:? Ben Diokno turns from economist to power player


Gone are the days of being a technocrat.

The Philippine Daily Inquirer exposed the qbout turn in principles of economist now Budget Secretary Benjamin Diokno within 18 months of the Duterte administration.

In an editorial piece published on Dec. 22, the newspaper branded Diokno as corrupted by power as he went to support the highly-politicized 2018 budget approved by lawmakers, which effectively paralyzed solons critical of the administration by allotting zero budget for their respective offices.

The Inquirer recalled how Diokno was so critical of the Aquino regime for subscribing to ?political patronage? under the allocations for local governments, only to use the same card now that he is part of the new Cabinet.

?If, as Diokno argued for the six years under Benigno Aquino III, the use of the budget as a political tool was wasteful and the very definition of bad governance, then the use of the budget as a political tool under Rodrigo Duterte should also be deemed a great waste, a crucial inefficiency, bad governance as defined,? the Inquirer said.

?Power corrupts, even an economist?s cherished principles.?

It seems that the tables have turned. The next question that begs to be asked: will Diokno continue with his defense, or will he resign?

Maybe the holidays will give him time to reflect.

Please follow and like us:

Tags: , , , , , , , , , , , ,

Related Stories
Inflation concerns plus a planned change in the form of government stand as new risks
Moody's on Wednesday placed a dozen Italian banks and several major companies on negative ratings
The company owned by the family of President Donald Trump's son-in-law, Jared Kushner, is close
A handful of nurses sick of scandal over Facebook user privacy want a new prescription


Trending News

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.