If we accept reality, the answer is no. Inputs for rice production is high, the buying price for unmilled rice is almost P20.00 couple that with higher price, cost of transport, marketing margin, then the P50++ rice is fair after doing computation
That we all fell for that cheap gimmickry is another matter, and for the integrity of the person who made that claim to stand up.
What remains for the rest of economic managers:
1. Make the workers be more productive, so that the wages catch up with high price of rice;
2. Find rice substitute: cassava, and research the artificial rice machine of china
3. Research more ways on how to make rice production more efficient.
