Growing unemployment the result of ANC government’s economic policy
15 May 2018
In 1994, 3,7 million people in South Africa were unemployed. The ANC’s motto was: “Work, work, work”. Today, 9,4 million people are unemployed and they are blaming Apartheid. The only conclusion one can draw is that there is something seriously amiss with the ANC government’s economic policy.
South Africa’s labour force is young and internationally, such a demographic dividend is associated with economic growth. Domestically, however, the opposite is happening as there is a threatening revolution due to growing unemployment and a future void of hope and expectation.
The problem is, of course, that the government’s economic policy on the one hand and its policies that are essential for economic growth, like education, on the other hand are on the wrong track and will soon crash into the oncoming train called reality.
Let us consider a few things in this regard: