- Aug 4, 2005
I suspect we heading there regardless.. you can’t live in a country that is not really representative on its people.The tax base is shrinking because of capital flight, increasing emigration of the middle and high income earners (unusually employers and skilled individuals) and the unofficial 'tax revolt' where companies and individuals are finding creative and legal ways to reduce their tax burden.
The number of indigent people drawing social grants is currently +/- 17.4 million and growing rapidly.
This socialist "free money for votes" scheme has become unsustainable. Wait till the social grant pot empties in the near future and government begins austerity and social spending cuts.
The ANC will have a revolt on their hands when the promised freebies which have been doled out for decades are either withheld or restricted.
I don't want to be near SA when that day comes ... and believe me, it's just around the corner.
Regardless of thoughts on how it will happen.. if there is no economic transformation (the empowering kind.. not handout, stupid placements etc) we sitting on a civil war time bomb. It would be insanely lucky if it weren’t to happen.. so yah.
That’s why I find racist business & professional people dumb as ****.. at the end of the day, that kind of stupid planning leads to only one thing. Sadly we now have a case where non-white educated folk are leaving en mass which makes the situation worse and I don’t see a way out anymore.