Govern­ment is blinded to re­al­i­ties

The Star Early Edition - - LETTERS - JM Bou­vier

IT’S be­yond pa­thetic to see the clue­less top ech­e­lon of the ANC try and run a so­phis­ti­cated econ­omy with a cav­a­lier at­ti­tude that only be­fits a sui­cide bomber – and they ad­ver­tised it world­wide by the id­i­otic com­ments made when S&P and Fitch down­graded us.

Do th­ese clowns re­alise that is their fault that we have been down­graded once more, even by Moody’s, which was more op­ti­mistic and sym­pa­thetic than the other two agen­cies, and we are now in a re­ces­sion?

Their stu­pid­ity is out in the open for all to see; this govern­ment’s er­ratic moves and head-in-the-sand at­ti­tude – ig­nor­ing the down­grades, the weak rand, the re­ces­sion and the cor­rup­tion al­le­ga­tions with the lat­est ex­posé of thou­sands of e-mails splashed daily on the front of ev­ery news­pa­per.

Po­lit­i­cal in­sta­bil­ity does more dam­age to growth and fis­cal strength and makes ev­ery­one won­der if they (the govern­ment) are on a sui­cide mis­sion or are they so blind and in­com­pe­tent that it makes us won­der how they ended up as govern­ment run­ning this coun­try in the first place?

And the mes­sages from all three agen­cies was loud and clear – they warned us that we are en­ter­ing a down­ward spi­ral of re­ces­sion by miss­ing our fis­cal tar­gets, which will re­sult in more down­grades, with the end re­sult be­ing the com­plete col­lapse of our econ­omy. Bryanston

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