From The Idiotic To The Absurd: Bennett and Liberman’s Plan to Reduce the Cost of Living

Yom Reva’ee

Wednesday

8 Adar I 5782

February 9 2022

 

 

Photo of the Day 

The News on the Israeli Street

The daily Corona update  . . .

37,559 new cases of Corona were confirmed yesterday bringing to 320,470 active cases in the country.

The positive test rate was 24.25%.

1,164 people are hospitalized in very serious condition; another 350 are in critical condition on ventilators.

9,303 Israelis have died—an increase of 77 since the day before.

Palestinian terror in the last 24 hours . . .

Palestinian terrorists opened fire at the Jalama Crossing near Jenin again–the second time in less than a day.

Palestinian terrorists attacked Israelis with Molotovs and “rocks” on the Gush Etzion-Hevron Road near Al Aruv, in Huwara near Einbus Square, between Al-Aruv and Beit Omer, on Road 55 at Ponduk near Kedumim, near Eyal, between Avnei Hefetz and Einav, and at many other locations.

Two Palestinian terrorists were captured at the Gaza border fence.

The government takes further steps to Palestinianize Judea and Samaria . . .

It was apparent from the beginning of this government that the communities in Judea and Samaria would be thrown under the bus and that the members of these communities would be treated like outcasts.

Everything that has happened in the last 8 months has emphasized the intent of the government to undermine the communities and strengthen Palestinian facts on the ground.

Yesterday, the government underscored this intent:

First, the Knesset voted down a law that would provide electricity to young communities in Judea and Samaria. This, despite the fact that we have seen  these communities suffering through the cold winter–and despite the fact that the Knesset has already voted to provide electricity to illegal Arab settlements in the Galilee and Negev. The simple fact is that the government wants to ethnically cleanse as many Jews as possible from Area C to make way for a larger Palestinian state.
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Second, Benny Gantz proudly unveiled a new database to track what is going on in Judea and Samaria. This new database will not focus on Palestinian terrorists which are running wild in the area, but instead on the hilltop Jewish youth who are fighting to defend Zionist ideals in the area.

Here at OneIsrael we continue to support our brave fellow citizens in Judea and Samaria and await the day that this government is replaced.

TODAY’S BLOG

From The Idiotic To The Absurd:

Bennett and Liberman’s Plan to Reduce the Cost of Living

As we have continuously reported here at OneIsrael for years, the cost of living in Israel is outrageously high. 

Two days ago, we had our utterly incompetent Finance Minister Lieberman blaming the situation on ultra-orthodox men who study in yeshivas. That idiotic idea was quickly shot down by every Israeli economist.

Tonight, in a hastily called press conference, PM Bennett and Lieberman unveiled what they call a “broad plan” to the reduce the cost of living.

However, we seem to have gone from idiotic to absurd.

The gist of their plan has nothing to do with the cost of things in the country. Instead, it focuses on getting more money into people’s hands so that they can afford to buy those items which they cannot currently afford.

Specifically, it:

–encourages more people in the middle class to work thereby increasing the middle class’s disposable income.

–provides tax cuts to working families to the tune of about 10,000 shekels per year, again for the express purpose of increasing disposable income (but this will cost the government 2.1 billion shekels and there’s no talk of where this money is coming from).

In addition to this, the government plans to eliminate import taxes on such items as beef, fish, seafood, canned tuna, sausages, sauces, dried fruits, cakes and cookies and flour.  No mention was made about how a sudden flood of imports will spell economic disaster for Israeli farmers and manufacturers.

But none of this tackles the main problem in Israel–the monopolistic stranglehold that about 15 families have on the marketplace. So what will Bennett and Lieberman do about this?

They are going to create a committee to study the problem.

According to Bennett and Lieberman: “The committee will map the food market, players, market shares, level of profitability, price levels and mergers and acquisitions made in recent years in comparison to developed countries in the world. The committee will recommend active measures to reduce centralization and increase competition.”

In other words, the same thing will happen as happens every time a government sets up a committee to study a problem.

Nothing.