Over the long term investment in infrastructure development is pro-growth because business can operate more efficiently when you fix overcrowded ports, potholed highways and other bottlenecks. (Image: Brand SA). Sulaiman PhilipSouth Africa’s Constitution is the structure set up to provide a level playing field. It compels the government to ensure economic parity and in so doing build a nation in which citizens can find meaning. The grand promise expressed in that document has raised expectations – ending poverty and discrimination – that could never be achieved in 20 years.We face three intractable challenges – high unemployment, poverty and inequality. The problem facing a developing economy like South Africa’s, caught in the wake of a shallow global recovery, is that tax revenue remains stagnant. This makes it difficult to find the funding for the nation’s grand design without increasing sovereign debt.There are subtle and direct social consequences to creating a stronger economy in a society with a growing inequality problem. It is accepted that inequality has a drag effect on economic growth. It causes wage stagnation, putting pressure on the middle class. Yet as the cost of a university education and the price of buying a home increases it becomes more difficult for people to move up into the middle class. Investment in a combined effort of infrastructure development and training programmes has been a proven path towards strengthening and building a middle class. Infrastructure investment is considered the most direct way to creating skilled, high-paying jobs.Inadequate infrastructure and the funds to build have constrained economic growth and the resulting social inclusion. Whether it is fulfilling the vision of the National Development Plan or building bridges, schools and roads, infrastructure has to be created to grow the economy, which has the effect of raising the standard of living in the country.Late in 2014 the International Monetary Fund (IMF) signalled an important change to thinking and policy. Instead of encouraging governments to embrace fiscal discipline they argued for an investment in infrastructure using borrowed money. More importantly, they argued, debt rather than cutting spending or raising taxes would stimulate growth faster.According to the IMF’s budgetary maths, every dollar of debt invested in new and improved infrastructure increased the economy by three dollars. Infrastructure building programmes – new and improved roads, new power stations and schools – boosts an economy in the short term by creating jobs. Productive workers spend their salaries, which in turn boosts other parts of the economy. The IMF is now arguing that debt as a result of spending on infrastructure programmes is the best way to stimulate economic growth. In South Africa it could help create highly skilled well paying work. (Image: Brand SA).The IMF added: “Over the long run, it’s potentially pro-growth too, because business can operate more efficiently when you fix overcrowded ports, potholed highways and other bottlenecks.” The Great SocietyIn May 1964, US president Lyndon Johnson described his vision of a Great Society in a speech at the University of Michigan. On that day Johnson called on citizens to join with the government to build a more equal society through education that gave all citizens a chance to rise in society and find meaning in life. He called for liveable cities built with the conservation of the environment in mind.In his speech Johnson explained that the country stood at the threshold, faced with building a great society, not just a rich or powerful society. He promised that his Great Society would be “a place where every child can find knowledge to enrich his mind and enlarge his talent… where the city of man serves not only the needs of the body and the demands of commerce but the desire for beauty and the hunger for community”.The speech that gave rise to a social safety net for America’s most needy through access to health care and housing. It also helped pull more Americans into the relative safety of the middle class through expanded public works.Richard Goodwin, the man who wrote the speech, explained that Johnson believed that rising wealth for a few did not liberate Americans to pursue the happiness their constitution promised. A more equitable vital economy was “the only possible direction for liberating, progressive change”. South Africa’s growth targetIn his most recent State of the Nation speech, given in 2014, President Jacob Zuma set a growth target for the economy of 5% by 2019. This target would be achieved through partnerships with communities and the private sector.He spoke of projects in the energy industry, Transnet and Prasa’s multibillion-rand rail projects, and housing projects designed to revitalise dying mining towns. Education and skills development would be prioritised to educate the engineers, doctors, plumbers and teachers the country needed to build the economy. And as the country became more urban, Zuma said, he talked of building new kinds of cities that were more inclusive, efficient places to live.“We urge all South Africans to work with us to make the implementation of these programmes a success. Together let us move South Africa forward.”Support Team SA at Davos on social media by using the hashtag #SAinDavos.
“He’s just making progress,” Jazz coach Quin Snyder said. “We’ve been saying that for a while, he learns quickly. If there’s nights when it’s not a good, not as fluid, there’s usually some reason why, people guarding him different ways. But he adapts very quickly. I thought his reads were really good.”Ricky Rubio had 14 points, nine assists and six rebounds for the Jazz. Ingles added 16 points, including 4-of-6 3s, and Derrick Favors had 12 points and 10 rebounds.Josh Jackson led the Suns with 20 points. Devin Booker, still bothered by bruised ribs, scored 18 points for Phoenix but on 7-of-24 shooting. He missed all seven of his 3s. Dragan Bender added 16 points and nine rebounds.The Jazz, who hadn’t played since beating Golden State, opened a four-game trip in dominant fashion.The Suns’ only lead was 2-0.ADVERTISEMENT NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Typhoon Kammuri accelerates, gains strength en route to PH Jazz: Mitchell will participate in the Rising Stars Challenge and the Skills Challenge on All-Star weekend. … Rubio has five career triple-doubles, none with Utah. … Utah’s largest margin of victory this season was 47 points against Washington on Dec. 4.Suns: Booker was 2 for 2 at the foul line to break the franchise record for consecutive free throws made in a season at 58. Kevin Johnson (1989-90) and Mike Bratz (1980) shared the previous record of 57. … T.J. Warren matched his season low with four points. … Suns signed guard Josh Gray to a 10-day contract. Gray had been with the Northern Arizona Suns of the G-League. He scored seven points, all in the fourth quarter, in his NBA debut. … Center Alex Len (right ankle soreness) did not play for the second straight game and has missed five of the last six.UP NEXTJazz: at San Antonio Spurs Saturday night.Suns: Host Charlotte Hornets on Sunday. Brace for potentially devastating typhoon approaching PH – NDRRMC The former Louisville star scored 40 points, one shy of his career high, and the Jazz won their fourth in a row with a 129-97 rout of the Phoenix Suns on Friday night.“I didn’t know I had 40 to be honest with you,” Mitchell said. “I didn’t know until Joe (Ingles) told me. I think the biggest thing was we were clicking. Everybody was clicking, that was the best part of it.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutThe blowout followed a 30-point win over Golden State in Salt Lake City on Tuesday night, only the third time in Jazz history that the team has had consecutive 30-point wins.Mitchell made 14 of 19 shots and a career-best seven 3s in nine attempts. It was the sixth game of at least 30 points in his young NBA career. AFP official booed out of forum Don’t miss out on the latest news and information. Read Next 2 ‘newbie’ drug pushers fall in Lucena sting MOST READ Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Slow and steady hope for near-extinct Bangladesh tortoises After being fouled on a 3-point basket, Utah Jazz guard Donovan Mitchell (45) is helped up off the floor by guards Ricky Rubio (3) and Joe Johnson, right, during the first half of an NBA basketball game Friday, Feb. 2, 2018, in Phoenix. (AP Photo/Ross D. Franklin)PHOENIX — A dozen teams passed on Donovan Mitchell in last year’s draft before Denver finally picked him and promptly traded him to Utah.The Jazz must be so grateful the way it all turned out.ADVERTISEMENT LATEST STORIES Utah scored 14 straight points to go up 24-8 before Bender came off the bench for eight first-quarter points and Phoenix finished the first quarter with a 12-2 run to cut the lead to 28-23.The Suns never got any closer. Mitchell sank a 3-pointer, was fouled by Booker, and made the free throw for a four-point play, igniting a 12-0 run that put Utah up 53-33 on Rubio’s 3.The Jazz led 62-40 at the half. They were up by 36 during the third quarter and 41 in the fourth.It was the most one-sided loss for Phoenix since Jay Triano took over as interim coach three games into the season. He lamented the inconsistency of his team, which was coming off a home win over Dallas.“It’s probably the sign of a young basketball team, but it’s disappointing to me,” Triano said. “I’d like to think we make steps and we start moving in the right direction and then we take a step back.”MIGHTY MITCHELLMitchell is the seventh active player to score 40 as a rookie, and now he’s done it twice. He scored 41 in a win over the New Orleans Pelicans on Dec. 1. The other six are LeBron James, Carmelo Anthony, Kevin Durant, Eric Gordon, Steph Curry and Blake Griffin.Mitchell said this was better than his 41-point game because the team played better.“My biggest thing is I was just relaxed and settled down,” he said. “When I come into games relaxed and kind of calm, that’s when I start to figure out things.”TIP-IN John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Warriors hold off Kings View comments
The call came at mid-morning in the middle of a press conference. “We are going to fly; see you at the ATC (air traffic control tower) in about three minutes. “Running to the ATC, crossing security barriers, one sees an old white Qualis approaching.Nine young men are crammed inside – dressed in red flying suits. Quick introductions follow. They all come from their airbase in Bidar in north Karnataka, the home of the IAF Surya Kiran aerobatic team. One of them shares a tablet of chewing gum. The van zips across the tarmac and the Surya Kiran pilots disappear quietly and coolly for the debriefing.About half an hour and several pieces of chocolate cakes from the mess – shared with other pilots waiting to fly – the team emerges. They all wear aviator sunglasses. Many sport that unmistakable swagger of a fighter pilot. They walk slowly to the runway. Wing Commander D. Setia makes a quick mobile phone call, maybe to his home in Delhi. Then they walk in formation as ‘the team’. They all step into the cockpit slowly.Nine out of a dozen Kiran MK II aircraft vroom. There is the smell of aviation fuel. The exhaust blows away one’s cap. What follows is the Surya Kiran show. The first half comprises turns, wingovers, loops and barrel rolls in various full formations.During the second half, the formation breaks into two groups to carry out manoeuvres like splits, level and rolling crosses, inverted runs, the cupid’s heart loop etc.advertisementAero India 2011 (held from February 9 to 13) could have been the last time the team flew in the Kiran aircraft in a major show. Just before they started, the Chief of Air Staff met them and told them about the future. The chief has offered them the Hawk, a transonic aircraft that could cross the speed of sound. Later HAL’s Intermediate Jet Trainer will be their workhorse.”There is a lot of attachment with Kiran; it’s nice beautiful,” said Squadron Leader G. S. Sudan, who flies the Kiran that makes up the cupid’s arrow. ” A new aircraft would mean new displays – more thrilling, captivating shows,” said team leader Wing Commander Prajual Singh, the man who flies at the front of the formation. A faster aircraft would mean a wider turning radius to account for the G- force that pulls the pilot’s body to the ground. ” Still we have to be within the ‘ visual bubble’ ( the spectators’ range of view). It will be a mix of slow manoeuvres and daring fast moves – a heady mix.” Would that mean a lot of changes while formation flying? Sudan has the stock Air Force answer – ” When we fly, we listen only to the command of the leader. His aircraft flies in front and sets the paces – the coordinate of the earth and the sky.”What goes through your mind when you do those manoeuvres sandwiched with a colleague’s aircraft? ” Nothing – we wait for the next command and the move.” Squadron Leader Ramji Yadov, the team’s ‘ spokesman’, explained that the whole show is planned in the minutest detail, well in advance, as if in a war room. Each move is approved at the command level and then at the Air Headquarters.And back in Bidar, the team members practise it again and again till they achieve perfection. “Each performance is photographed for reference – no two shows are the same.” While the induction of the Hawk aircraft might take many months, new teammates will join, as the pilots take three- year turns to be in the team. Only the team leader gets a second term.So what will happen to the Kiran, designed in Bangalore by Dr Gadge, the then- chief designer of Hindustan Aeronautics Ltd in 1960? The bird will go for training of fighter pilots, its original role. Then the old ones will end up as showpieces in a school or a museum.