[THREAD]
In South Africa, 39 million people are of working age. Only 2.4 million are white.
Why do we have Affirmative Action/Employment Equity/Black Economic Empowerment policies?
In South Africa, 39 million people are of working age. Only 2.4 million are white.
Why do we have Affirmative Action/Employment Equity/Black Economic Empowerment policies?
Of the 2.4 million, deduct the number of unemployed and self-employed white people. How many are left?
Even if every single white person is retrenched, that’s the number of jobs you will “free up”.
Then what?
Even if every single white person is retrenched, that’s the number of jobs you will “free up”.
Then what?
We wouldn’t be fighting over who should and who shouldn’t have jobs in the first place if there were enough jobs for everyone.
Why aren’t there enough jobs? And how do BEE policies create more jobs (hint: they don’t. They have the opposite effect)
Why aren’t there enough jobs? And how do BEE policies create more jobs (hint: they don’t. They have the opposite effect)
According to Statisa, In 1 year BC (Before Covid) unemployment in each race group increased by approx. 2%.
Why?
Why?
> Govt involvement in businesses (i.e. laws dictating who you may employ) destroys the economy = fewer jobs
> Govt exploiting BEE to enrich cadres destroys the economy = fewer jobs
How will MORE laws increase employment?
https://businesstech.co.za/news/business/466580/expect-an-even-bigger-push-for-transformation-in-south-africa-minister/
> Govt exploiting BEE to enrich cadres destroys the economy = fewer jobs
How will MORE laws increase employment?
https://businesstech.co.za/news/business/466580/expect-an-even-bigger-push-for-transformation-in-south-africa-minister/