Take a break: Good news on the economy

2008-07-27 00:00

Economist J.P. Landsman takes an almost perverse pleasure in calling a spade a shovel, and lacing some of the less palatable pronouncements, to his audience at least, with raucous, infectious laughter.

We learnt, for instance, that the previous South African regime stopped spending on road building in 1988 as the siege economy took hold, and that the ANC government in 2007 invested eight percent of GDP in infrastructure. Or that the country, measured in per capita terms, is getting richer, and that more jobs are being created, and that population growth is slowing, a key indicator of declining poverty.

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