LETTER: SA needs New Deal
Economic and social situation is like that of the US in the 1930s
I wish to promote a process that recognises that the SA economic and social situation in 2019 is similar to that faced by the US in the early 1930s, including high unemployment, no growth, a despondent youth, dire social challenges and a failing infrastructure.
To combat the problem in the US, the newly elected president, Franklin D Roosevelt, introduced the New Deal. The programme was far-reaching, but essentially sought to put the unemployed to work, albeit on a token wage; restore the dignity of people who had lost their jobs or who may never have been employed; make good use of the wasting asset of unemployed but productive labour; improve and restore a declining infrastructure; and create new assets for the public good. ..