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MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

Friday Rant: Jobs vs Profitability

21 March 2014 By Alan Straton

I wonder if we have lost the plot in terms of addressing the unemployment pandemic?

I see so many government press releases that emphasise that ‘such and such’ a project will contribute X number of jobs – all make glowing references to job creation and entrepreneurship development but none make reference to the long term stability and profitability of the said enterprise.

As we are all aware, in the case of government, stability and profitability come from the public purse – no-one in government cares about profits. It is almost as if a ‘caring government’ is one that only demonstrates the ability to re-distribute charity using taxpayer money received from other hard working, profitable, taxpaying businesses.

When is government going to realise that profitability has a direct influence on the amount of tax received – more tax leads to more gravy in the trough for pigs to wallow in!

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.
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Filed Under: Editorial Tagged With: jobs, profitability, unemployment

Reader Interactions

Comments

  1. Ramon Thomas says

    21 March 2014 at 10:36 am

    Government doesn’t care about making a profit, so it gives fat salaries to everyone they employee without much consideration. Contract jobs expire and people have to start looking all over again.

    Somehow I think China has a good economy because projects are started by government and eventually moved into the private sector. There is an efficiency on large scale economic development I’ve never seen before.

    • Alan says

      22 March 2014 at 7:32 am

      And of course there is a common goal. But the concern is that the handing over of projects to someone in the private sector by government will be seen as the handing over of privilege and securing of votes. I am still stuck in the view that government should enable and guide based on the wishes of the electorate rather than initiate projects themselves.

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