A Goal, Especially When You Have No Track Record of Making Goals, is Not an Economic Growth Path!

I am astonished at the way Zuma's announcement of a goal is being hailed as a step foward in economic development!

from: Eyewitness News
(click image for full story online)

When a government and party with no record for implementation launches it's new economic strategy with an astonishingly stiff goal of 5 million jobs (I believe they have only managed a loss of some million jobs in their 15 years of trying) one has to be totally skeptical.

Of course South Africa needs 5 million new jobs, more in fact, but just to set sensible goals and hope to reach them is not a way to create jobs - its just a Strategy of Hope! I know because I've been there in business and it just doesn't work!