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Thursday, March 28, 2024

Gov’t rates high ‘overall’ but low in inflation fight

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The current Marcos Jr. government has received low satisfaction ratings in fighting inflation and corruption but received a high satisfaction rating “on the overall” after the Social Weather Stations (SWS) released its annual Survey Review summarizing reports from past administrations on Wednesday.

“Satisfaction with governance is generally high. However, net satisfaction ratings are ‘moderate’ (plus-12) for fighting corruption and ‘neutral’ (plus-1) for fighting inflation,” the private polling firm said in its survey findings.

The survey covers a total of 13 topics and showed how Filipinos responded to issues ranging from disaster preparedness and the COVID-19 pandemic to elections and satisfaction with government officials.

SWS classifies net satisfaction ratings of at least +70 as “excellent;” +50 to +69 as “very good;” +30 to +49 as “good;” +10 to +29 as “moderate;” +9 to -9 as “neutral;” -10 to -29 as “poor;” -30 to -49 as “bad;” -50 to -69 as “very bad” and -70 and below as “execrable.”

Earlier this month, the head of the Philippine Statistics Authority said the inflation rate, or pace of price increases, soared to a fresh 14-year high in December at 8.1%.

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On Wednesday, the PSA said inflation had risen to 8.7% in January—the fastest since November 2008.

Comparing past administrations from President Corazon Aquino to President Ferdinand Marcos Jr., scores on fighting inflation and corruption were consistently rated low.

In his presentation, SWS vice president Jay Sandoval said survey respondents said the net satisfaction of Mr. Marcos in October and December 2022 was plus-68 or “very good” from their last survey conducted from Dec. 10 to 14.

Former president Gloria Macapagal Arroyo received the lowest net satisfaction marks, falling below minus-10 or “poor”.

For vice presidents, Sara Duterte-Carpio has so far received an “excellent” ranking of plus-77 in December, up from plus-73 in October.

Regarding democracy, SWS said Filipinos’ satisfaction with how it worked was increasing, with the highest recorded rating at 89% under the current administration.

Meanwhile, SWS said Filipino pride remains high at 91% according to the surveys.

Most Filipinos also believe pre-election surveys are “good for the country,” as trust in pre-election polls was highest in March 2022 at 78%, although it dropped 8 points to 70% in April 2022, a month before the national and local elections last May.

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