Israel eyes austerity after prosperous year

Discussion in 'Israel and Palestine' started by P F Tinmore, Jul 27, 2012.

  1. P F Tinmore
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    P F Tinmore Platinum Member

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    Prime Minister Benjamin Netanyahu, who has long boasted how Israel has avoided the fiscal fate of Spain and Greece, is poised to unveil tough austerity measures likely to hit the underprivileged.

    The measures will aim to make up part of the budget deficit that has climbed to 4.0 percent of Israel's GDP -- twice that which was expected for 2012.

    And earlier this week, he also suggested the defence budget could rise even further because of regional developments, notably in Syria.

    Beyond the increased expenditure, tax revenues have dropped because of slow economic growth, which is 3.1 percent so far this year compared with 4.8 percent in 2011.

    Israeli officials also fear that the major international rating agencies, which had hitherto provided Israel with a clean bill of health, will lower their ratings.

    Israel eyes austerity after prosperous year - Yahoo! News
     
  2. Roudy
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    Roudy Platinum Member

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    Isn't it amazing that despite such worldwide economic turmoil and Muslim savages trying to destroy tiny Israel at every turn, it has still managed to be one of the most prosperous and successful nations?
     
  3. Hollie
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    Hollie Gold Member

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    Absent the benefit of an entire UN funded welfare agency to provide for them, responsible governments have to make difficult decisions.

    C'mon, tinny. Is this really difficult for you to understand?
     
  4. P F Tinmore
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    P F Tinmore Platinum Member

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    Not at all.

    Israel created a large, dependent, refugee problem than drops the expense onto everybody else.
     
  5. Roudy
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    Roudy Platinum Member

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    Not at all, the Arabs created the refugee crisis when they attacked Israel in an effort to destroy it, and failed miserably.
     
  6. P F Tinmore
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    P F Tinmore Platinum Member

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    Where did you get that information?
     
  7. Hollie
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    Hollie Gold Member

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    Wrong thread for promoting Islamic terrorist victimhood, tinny.
     
  8. P F Tinmore
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    P F Tinmore Platinum Member

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    You are ducking the issue.
     
  9. Hollie
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    Hollie Gold Member

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    Your need to be a victim is not my issue.
     
  10. irosie91
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    irosie91 Diamond Member

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    I get my information from the people who LIVED IT Arabs who fled Israel in the "WAR FOR INDEPENDENCE ERA" left with whatever miserable possessions of any value they had-------into the arms of their own bretheren a few miles away paying NOTHING for the journey and leaving behind-----a worthless hovel . FAR MORE JEWS fled arab lands -------utterly empty handed even forced to give up little rings and bits of jewelry to bribe their way out of barbaric islamic lands Some of them showed up in palestine at about the weight level of concentration camp survivors and harboring sicknesses endemic to the filthy lands they fled (malaria, tubeculosis, polio, etc etc) '

    arabs in Israel who actually OWNED anything of consequence ----like LAND----largely stayed put ------no one was crashing into their houses in order to slit the throats of their children

    Thus the large impoverished, sick and needy refugee group------were the jews who came to Israel------the arabs who left Israal were largely INTACT ------many simply had to give up paying jobs in Israel when they left-------but their bretheren had no interest in creating something to support them and that is the whole story. Israel continues to absorb impoverished refugees without getting UN aid------now ----even from syria The sudanese refugees should CERTAINLY be entitled to UN aide---in fact SUDAN should be supporting them-------but since they fled to Israel-----they will not be getting it

    (for the record---I have lots of relatives thru marriage who fled an arab country----the most significant such relative is my husband who reached palestine almost dead from the experience of having been born in a muslim country. He required years of in-hospital care------all provided free of charge ----not by you and not by the UN and not by Great Britain which held the mandate then-------guess who paid----if you do believe that HE should have been entitled to the same AID that the forever "palestinian refugees" get-----I will provide a post office box number and you can sent checks)
     

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