Dr Gilad Isaacs on Budget speech, Enoch Godongwana, SASSA grants, 'GNU', SA economy, SARS, Treasury

Video Description

Become a YouTube Member of SMWX: https://www.youtube.com/channel/UCk_qa4ssROH8aUDbgQXE5dA/join In today’s episode, ahead of the new budget speech, we speak to progressive economist and Executive Director of the Institute for Economic Justice, Dr Gilaad Isaacs. Ayeye! #Budget2025 #EnochGodongwana #GNU Visit the SMWX store for merch and books: https://smwx.store CONTACT: ✉️: [email protected] 📞WhatsApp Line: 082 891 4935 Visit my website: sizwempofuwalsh.com _______ Credits: Director and DOP: Nomaan Haarzavi for Narr8 Studio Lead Camera Operator: Faizan Haq for Narr8 Studio 2nd Camera Operator: Yusuf Rahman for Narr8 Studio Producer: Oratile Kekana _______ 00:00:00 - Introduction 00:00:30 - Gilad Isaacs Joins SMWX 00:01:11 - South Africa’s Fiercest Budget Clash 00:02:45 - “Budget Cuts Kill People” 00:06:06 - Why Free Markets Can’t Transform 00:08:18 - “National Treasury Is the Real Villain” 00:09:38 - Treasury Defies ANC Control 00:10:11 - Is Treasury’s Autonomy Undemocratic? 00:12:40 - How Treasury Uses SASSA to Cut Grants 00:15:35 - Austerity Is a Political Choice 00:16:04 - Treasury’s 75 Billion “Hole” Debunked 00:18:25 - SRD Grant Still Under Attack 00:21:05 - Biometric Barriers to Social Relief 00:23:45 - Debt Isn’t the Problem — Cost Is 00:25:40 - Why South Africa Pays More for Debt 00:28:40 - Rethinking Tax: 3 Alternatives to VAT 00:30:23 - “Retirement Rebates Are Social Grants” 00:31:35 - Reverse Corporate Tax Cuts Now? 00:32:36 - “Are Taxes Worse Than Starving?” 00:35:20 - Why We Need a Fiscal Stimulus 00:36:45 - Reorienting Policy to Build the Economy 00:38:20 - Sector Strategy: Agri, Cannabis, Energy 00:40:33 - How to Build Competitive Advantage 00:41:10 - Fiscal Tools Must Drive Development 00:45:15 - Wealth Still Controlled by the Few 00:48:06 - Budget 3.0 Could Trigger Crisis 00:49:09 - Budget Tensions Are Actually Healthy 00:51:28 - Final Thoughts