June 12 is always celebrated as Independence Day in the Philippines. That is, it was always celebrated on June 12, until (just recently) former President Gloria Macapagal-Arroyo started a much maligned practice. Under her administration, holiday dates were moved around, usually to the nearest Monday, so that people can enjoy a longer weekend. So for 2010, Independence Day will fall on June 14, Monday.
I can’t find the source anymore, but I remember reading somewhere that one reason for changing the holiday dates was to boost the economy by making people spend more money because they now have more time for leisure. Of course, the article didn’t say it exactly like that, but you get the idea. The logic is if people are given more free time, chances are they will spend time in the malls (where you have to spend money) or go on longer vacations (again where you have to spend money). If people spend more money, then that means greater turnover of products, which then means better productivity, which then translates into a better economy.
Not being an economy major like the former President, I can neither agree nor disagree with the premise. My initial reaction was that there was something wrong with the formula somewhere–spending more doesn’t necessarily translate into better productivity, there are other factors involved–but who knows? Maybe she’s right. Either way, people more qualified than I am can debate the pros and cons till the cows come home.
Anyway, I will be spending the extended weekend with my beloved M. I’m glad there’s an extra Monday next week (the 14th) we can spend together.
Happy Independence Day to every one! Three happy M days for me!