Stating the Obvious: 100 days of the Pandemic and Duterte
Like watching the never-ending seasons of The Walking Dead, president Duterte has once again extended community quarantine. I first heard the term “new normal” in 2010 when Typhoon Ondoy hit Metro Manila. What once was a concept communicated by disaster experts, day by day becomes a global reality. This pandemic has been unprecedented; it has affected our economy, our rights, our way of life. In doing so, it has exposed much about the fundamental challenges the regimes present; the political communities we belong to; and, for many, the weaknesses of the authorities who govern us.
Being a pandemic, foreign and global economies have been hit hard. For example, the United States federal government released a $3 trillion stimulus in just 3 months for COVID-19. The IMF projects a negative growth of the world’s economy at -3% in 2020, three months into this global lockdown. In comparison, during the 2008 global financial crisis, the US then spent $6 trillion in a span of 6 years in around 3 major stimulus packages. That year, IMF’s global growth prediction was only -1%.