Jude Monteros

TRAIN LAW ANECDOTE  Ejercito express alarm when the March infaltion rate reached 4.3 percent,from the revised 3.8 percent in February. ''The economic managers should assess whether the increase in inflation is still manageable.Otherwise,implementation of TRAIN 1 should be suspended and restudied,''he said. During the Senate deliberation of the TRAIN,both the Department of Finance and the National Economic Development Athority had claimed that the measure would likely raise the inflation level by(just) 0.7 percent this year. The two agencies had even assured that the inflation rate would still be within the projected 2-4 percent target. He added;''My worst nightmare about the TRAIN law has become a reality.I had warned this before that the TRAIN is inflationary in nature.The common people may not know inflation is,and they don't care.What they do know and what they care about is that prices of food and other necessities have all gone up....