Cielito Habito was my economics teacher in ADMU. One thing I remember him saying was that the good thing about having a bad president (referring to Erap) is that it makes is so much clearer to recognize a good president (referring to Gloria). Then again, perhaps you have a point... aside from the growing GDP, shrinking inflation, well performing stock market, shrinking unemployment, lowering poverty rate, record high per-capita income, improving manufacturing performance, rising tourism rates, strengthening peso, shrinking budget deficit, rising investments, rising government revenues, improving fiscal discipline and macroeconomic fundamentals and overall economic outlook... if you can look past all these "statistics" and "facts" about the economy, perhaps you could say it's "all talk". *sarcasm detector explodes*