Can the government really do something about this??

Question

Yesterday there was a strike in my town about the high petrol price and food prices, I really can't see what the government can do about it....

Can they do anything about it? Whats your view point?

Answer 1

Striking is normal. This is a world wide crisis, so SA government will do nothing. And I heared that the current prices in SA is the Best Tito Mboweni can do, since this can really damage the fast developing countries. Unfortunately,  I do not remember the link.

Answer 2

Yes they can BUT they don't want to.  The government here subsidised the price of petrol here so when the price went up the government payed for it. It really helps.  But if the do something about it them the fat cats won't get so much money and we all know how greedy the ANC is.

Answer 3

Catch 22. Prices escalate due to world economic trends. The "piepols" are furious. They strike. Productivity drops (even further). Prices escalate... ens.

Answer 4

They can cause look at them how fat they are

little less pay can help and more work less corruption more honesty

little less tax on petrol

more work

little less greedy

leave the Farmer on there farms

little less crime

leave the farmers produce

little less toi toi

and do the work

So yes the government can help

Answer 5

I think they can if they want to but then who will pay for 2010

Answer 6

You should re-phrase your question to "Will the ANC WANT to do anything about it?" The answer is "No" and you can see from their history they are only interested in them selves and the elite.Zimbabwe serves as a good comparison to the ANC.Mugabe and his thugs are fat and well fed while the rest are starving.

Answer 7

NO, NO and NO. The cost of oil has made it so bad that petrol cant come down. It is a fact that the whole world is taking this hit including America. They have their own oil and still pay almost R9 a liter

Answer 8

There is definitely a percentage of the petrol price that goes towards tax and levies.

Other international factors include freight costs, harbour fees, customs fees and storage at harbours amongst others.

Domestic costs in SA are pretty simple, transportation from harbours to refineries, refinery costs, distribution of end product costs, markup by fuel companies, markup by petrol station owners, Standard Fuel Taxation and then a small fee goes to the Road Accident Fund.

The std tax on fuel goes towards road and transport infrastructure costs, traffic controlling costs like traffic lights etc amongst other things.

I dunno if you have noticed this, but higher octane fuels are more expensive as well. This is a regulated tax imposed to reduce the octane wastage by using higher octane fuels, this is especially applicable inland, which is why fuel inland costs more than fuel at the coasts.