Whatshot
What's The Issue?
What's The Issue?
Date: 2015-11-06
Enough of that, we are still under the influence of the student revolution and their demands for free tertiary education. I agree that they should get it free, however there is only so much money and we want our institutions to remain at the international level they are today. So I propose a solution. Once Blade has sold his million Rand and then some car, offloaded some of the top heavy staff compliment they have, (rumour has it that 60% of the education budget goes on salaries, don't quote me) then we can implement my hair brained idea.
We work out how many degrees we can offer for free, then give these free degrees to the top achieving students in the country and anybody falling below the mark gets to pay for their education. If a student fails first year, then they go to the pay for your education queue and the monies for the rest of their degree go to giving the opportunity to the next intake of students. That way we will weed out the rabble-rousers and guarantee results form our Universities. If you don't make the cut, you pay. I like it.
Anyway, the way Finance Minister Nhlanhla Nene is talking, with his hushed terminology, we will be lucky if we can afford subsidising even one student in the near future. Can anybody here wait for the implication of Nene's "fiscal consolidation"? I can.
Some sources say that our national debt is sitting at around one point eight trillion Rand and will escalate to two point four trillion by the end of Jacob Zuma's presidency. I don't think that this will be because we decide to spend billions on education, on the contrary it will probably be spent on servicing our national debt. To service the two point four trillion debt we will need to spend a hundred and twenty eight billion and that is just to maintain it. We could just borrow more and then borrow more to service that but if we go to school and get one of those educations I speak of then we will understand that that is not sustainable and will eventually lead to financial ruin.
The ice is thin and the cracks are creaking in towards us. However our headache is still not as bad as America's with their president looking very red faced in the face of Russian intervention in their little Middle East shenanigan. The illegal destruction of more than one nation should not be tolerated by the world, but we are kept in wrapped awe of the superpowers that allow their war mongering psychopathic leaders to pour the deluge of their debauchery on our poor heads. Germany on the brink of civil war because of the migrant crisis and I still maintain that this was he desired effect.