It is now after the holidays in Israel, which means that the time has come for the annual budget alliance crises and the coalition that always accompany these annual rituals in Israel.
The budget presented by Yair Lapid, especially 0 % VAT on housing, is a bad joke. Every economist knows this. Lapid, who was now an economist now for 18 months and works to suggest a 0 % value -added tax for a period of 4 months, is certainly right. Economists who have hundreds of years of joint experience know that it is wrong. Frankly, anyone with a healthy sense knows that Labid borrows from our future to keep the Knesset seats with promises of free money. He hopes to pay on Tuesday (read in many years) for the hamburger he offers today.
Labid’s budget contains an increase in spending in a state of drunk and revenue revenue, just as the general economy in Israel slows down due to the weakness of the main export market, Europe. Europe’s economy does not return soon, which means that the traditional economy of Israel will not regain this main export market for years until we finish the blessed transfer to the southern markets and the Indian and African East to compensate for the deficiency.
Lapid’s budget is the equivalent of a family that decides to buy a second house, a second car, a new refrigerator and has another child when his salary was reduced by 10 % and the husband’s job is in risk.
The good news is that Prime Minister Netanyahu knows his economies. In the past, I met him on economic issues and I am 100 % sure that when he looks at this budget, he knows it is a problem. He knows that Lapid’s plan to increase the debts of Israel will risk our credit rating He who worked himself hard to improve. He knows that VAT by 0 % will increase housing prices because when artificially reduce the organizational cost without increasing the supply, prices will rise on the original. He knows that this budget is irresponsible. Bibi knows that his children and my grandchildren will pay the price of this recklessness. But it needs to make a very difficult decision.
He may risk banning a budget for the current “stable” alliance because Labid is betting on his 0 % value -added reputation. As one of them recently indicated, the presence of the party’s president (Lapid is the president of Yesh ATID). The Minister of Finance is a bad idea because of the temptation of the voters’ bribery with free funds and retaining difficult decisions that may affect him in opinion polls. Therefore, this stability, in fact, is the red herring because the stability of the coalition will undermine the stability of our boycott economy.
However, BIBI cannot and should not worry about coalition stability. It needs to make the right decision and prevent a budget. It needs difficult calls and insist on structural reforms in all government ministries, including the Ministry of Defense, to reduce the costs of costs for these ministries and services, and needs to invest in innovation that will lead to innovation of government services and reduce their cost. It should say no to the reckless debt and costs without revenues. BIBI needs to show leadership and take risk to walk Labid and plan that Huridim will join the government or that he can win other elections. If he does not risk this danger, he will kick the box on the road and dig a larger economic hole for the elderly, children and grandchildren. I hope he does so.
Get the complete details at: http://sixkidsandafulltimejob.blogspot.com/2014/10/bibis-must-block-lapids-budget.html
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