DUMA GQUBULE: State can easily afford a game-changing basic income grant

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The cost would be a trivial amount in the context of a R5.4-trillion economy

After two weeks of looting and violence in KwaZulu-Natal and Gauteng, President Cyril Ramaphosa had no option but to reintroduce the social relief of distress grant. But he missed an opportunity to provide a stronger boost to the country’s battered economy by immediately introducing a basic income grant .

After the power blackouts, over-the-top lockdowns and the worst social unrest since 1994, accounting firm PwC has reduced its GDP forecast for 2021 to 2.3% from 3.7%. In response to feminist activists who had condemned the discriminatory exclusion of women who have children from the SRD, the president said caregivers would now qualify...

 

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Creeping socialism and the decay of capitalism - We're well on the way to the mandated state dependence that we call 'communism'.

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