EPWP is a Ponzi scheme

2016-03-09 06:00

BOTH the ANC and the DA are bragging about creating thousands of expanded public works programme (EPWP) jobs.

How can jobs that are created through the EPWP be called real jobs when they are financed by taxpayers, and not the result of real economic activity?

An EPWP scheme is thus a glorified Ponzi scheme - it increases the size of government and increases the waste of scarce resources, as can be seen by many of the EPWP workers lying about on the side of roads, idling their time away.



Cape Town

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