Good life under Marcos; you kidding, right? | Inquirer News

Thousands, 75,537 to be exact, have already filed claims in the HRVCB. And there are still those who wish to file claims but missed the May 2015 deadline.According to the book, “Some are Smarter than Others,” when Ferdinand Marcos became President in 1965, there were approximately 13.4 million, or 39 percent of the population, who could not meet basic needs for food, shelter and clothing. After 10 years of Marcos rule, this figure had ballooned to 20.5 million, or 48 percent of the population.By contrast since the first Edsa People Power Revolution, figures from the World Bank show a steady decline of the poverty headcount ratio at $1.25 a day. From 39 percent in 1985, this ratio declined to 31 percent in 1994, and further decreased to 23 percent in 2002, and 19 percent in 2012.

Source: Good life under Marcos; you kidding, right? | Inquirer News