Not...really. The racial hierarchy and the self-loathing are really Spain's doing via the Church.
Spain was in control for 400 years and had clear racial caste system. They brought a new religion and used it to justify an incredibly evil rule. Lain America had governors, the Philippines had Friars (read Touch Me Not or Noli Me Tángere).
Compared with America, which in control for around 50 years and about 10% of that was the Japanese invasion. They are seen as liberators and saviours because of how utterly horrific the Japanese were (wasn't just Korea with comfort women). In the early 20th century, a lot of the reforms in the Philippines by America were based around giving land to the farm workers and laying ground work for independence via the Insular government (so the cheap sugar supply could be blocked from entering the US market).