MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Two Ronalds, two economics.

Ronald Reagan is credited for his brand of economics for America. Ronald de la Rosa has his own for the Philippines. From Reaganomics to Batonomics.

During a recent Senate hearing, Senator de la Rosa proposed an impeccable solution to the country’s foreign debt problem.

He suggested that Filipinos give birth to more babies in order for the per capita debt of the Philippines to be significantly decreased.

The larger the population, the more people will share in the foreign debt, the senator said.