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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 \ 9 comments \ @k00b 14 May 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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242 sats \ 0 replies \ @TheBTCManual 14 May
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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33 sats \ 0 replies \ @398ja 15 May
There is no other country in Africa that takes of its people like we do here in South Africa.
True. In my country of origin, people in need can rely on relatives for survival. Maybe it would be different if we printed our own currency... ?
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10 sats \ 0 replies \ @gmd 14 May
I'm sure things will get better after they get rid of farmers...
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10 sats \ 0 replies \ @Undisciplined 14 May
Wow! That's a wild figure.
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21 sats \ 3 replies \ @kepford 14 May
I'd love to see this ratio globally.
Huh?
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3 sats \ 2 replies \ @k00b OP 14 May
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 14 May
Ah, I see. I was like... @k00b can't be a socialist can he?
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0 sats \ 0 replies \ @itsrealfake 15 May
lol.. your skepticism is real tho
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0 sats \ 0 replies \ @kepford 14 May
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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