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Half of South Africa's population are 100% dependent on state welfare (2023)www.timeslive.co.za/politics/2023-01-06-half-of-south-africas-population-are-100-dependent-on-state-welfare/
438 sats \ 8 comments \ @k00b 9h econ
This is a few years old but I doubt they've reversed course much. I'd love to see this ratio globally.
“We are the only country here in Africa that is giving grants to almost half of its population because here in South Africa there are 60-million people and 29-million are getting money from the state every month. There is no other country in Africa that takes of its people like we do here in South Africa.”
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221 sats \ 0 replies \ @TheBTCManual 8h
Yeah it's wild direct grants are around 33% - 38% of the national budget and that doesn't include certain line items like a certain allocation of "free water" and "free electricity", the government also gives has a "free housing" project thats been on the go for years with waiting lists as long as 2 decades.
Since taxes are never going to cover that inflation is covering the shortfalls, hence why we Bitcoin
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10 sats \ 0 replies \ @gmd 7h
I'm sure things will get better after they get rid of farmers...
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10 sats \ 0 replies \ @Undisciplined 9h
Wow! That's a wild figure.
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21 sats \ 3 replies \ @kepford 7h
I'd love to see this ratio globally.
Huh?
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3 sats \ 2 replies \ @k00b OP 7h
Maybe ratio is the wrong word - I'd love to see what percentage of each country's population is on government aid.
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0 sats \ 1 reply \ @kepford 7h
Ah, I see. I was like... @k00b can't be a socialist can he?
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0 sats \ 0 replies \ @itsrealfake 2h
lol.. your skepticism is real tho
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0 sats \ 0 replies \ @kepford 7h
Socialism. Its good when the people can't survive without the government re-allocating wealth. Stealing basically while taking a massive portion off the top for the ruling class and bureaucracy.
I've been hearing how socialist South Africa was but this number is wild.
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