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03 March 2020

Ramaphosa cold in face of tribulations facing poor – SAFTU

Politicsweb

SAFTU Condemns President Cyril Ramaphosa and big business for being so cold in the face of tribulations facing the working class and poor

SAFTU is appalled by the statement made by President Cyril Ramaphosa who together with other multibillionaires make two ridiculous claims: there is no austerity and the massive public sector wage cuts are justified.

Every South African understands that Government has been slashing real (after-inflation) budgets in sensitive areas such as social grants, local infrastructure, housing, education and health care for five years now, as part of the after-effect of the world capitalist crisis of 2008/09 that had raised the budget deficit to 6% of GDP and cut 1.5% off South Africa’s GDP.

To read the full article online click here.

Politicsweb

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