The culture of entitlement is also seen in the fact that whilst five million people in South Africa are paying taxes, 15 million receive the benefit of some social grant. You do the math. This situation is unsustainable and pretty soon we too will be facing our own fiscal cliff.
At the same time, and unlike the US, there is a twist in the South African scenario: it is these takers who are the ruling party’s voting bloc. As such the ANC would not want to change the current system since any reduction of these benefits would result in the ANC losing at the polls. Whilst the ANC benefits from this system, South Africa does not and with each passing day economic catastrophe beckons.
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The Real Challenge facing South Africa
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