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Sep 15, 2014

Quote of the Day

By the Prime Minister, a year and a half to two years ago, the deficit stood at 40 billion shekels. Yair came in, paid a political price and took steps to bring the deficit back to 2% instead of 5% ... one of the things that happened is that when the Prie Minister screamed "gevalt" we know he does not really mean it... Yair Lapid as Finance Minister saved the Israeli economy and is paying a very heavy political price for it.

  -- Welfare Minister Meir Cohen

saved the Israeli economy? seems like a bit of an exaggeration.. he has only been Finance Minister for just over a year. Even if everything he did was perfect, can you save an entire economy in just one year?

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1 comment:

  1. To Lapid's 'credit' he raised the sales tax and this brought in a lot more money than expected. But certainly, the current statistics are still mostly the result of the previous administration.


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