It is a statement that panders to populist sentiment but is devoid of tangible meaning. What exactly does it mean when the most powerful man of the land says that the "people" are his boss? Nothing much. This moronism draws heavily from the vacuous Edsa "revolution" concept that underpins what passes off as the Aquinoist's "ideology" -- that power "emanates" from the people and that the Edsa "revolution" of 1986 was a phenomenon that manifested a raw but "pure" form of "people" power. So much has this concept been perverted to political ends that it is seen to be a legitimate means for the expressing the people's "will" in addition to the recognised channels: elections and representation via elected representatives in the legislature.
So I say to the Inquirer.net, not so fast, dudes. "Boss" in the true sense of someone who directs a subordinate's actions does not exist in the relationship between the President and his constitutents. Rather, the President (and for that matter, any elected official) is given the mandate to lead and direct his people. In this mandate is enshrined the people's confidence in the elected official to use his own better judgment to guide his actions, his leadership, and the directives he issues.
By saying that the Filipino people are his "boss", Noynoy makes a lame attempt to bat accountability back to what, in essence, is an abstraction. Epic fail, Mr President. As with most chief executives, the buck stops at your office. Deal with it. There is no "boss" as far as you are concerned. As your own family mouthpiece editorialised on its top headlined news report:
It was a speech without the usual abstract platitudes but replete with must-do things.
Indeed, Mr President. So you must.
[Note: Boldface formatting on quotes added by author of this comment for emphasis.]