The mantra of addressing the triple ills of poverty, unemployment and inequality in South Africa held by the ruling party and the State is that growth to the economy will trickle down to uplift the poor from their destitution.
Globally this puts us as outliers. Figures for sub-Saharan Africa in April 2019 put average unemployment at 6,1% of the continent’s population. The US has an unemployment rate of 3.8%, Norway 4%, and South Korea 4.9%. Brazil, a frequent comparator with South Africa, has an unemployment rate of 13%. Namibia’s unemployment rate is 24.5%, and Venezuela is 33.3%.
There is no social security for poor and unemployed people between the ages of 19 and 59. Millions of people are surplus to these accounting practices. Recent poverty trends, contrary to those cited by the president and others in the run-up to the elections have significantly increased using all three poverty datum lines.
Really The only solution is to dish out money. Your incredible stupidity offers no sustainable solutions, none, at all. In your role, with your salary, surely you could have reviewed historical global actions that we could be taken. Do a job and dig out some value.
They voted ANC . Their problem .
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