Yesh Atid leader Yair Lapid presented his party’s small business assistance program Tuesday, telling the audience at Calcalist’s annual conference that this sector holds the key to continued economic growth.
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“Small businesses are the largest and fastest-growing sector in the Israeli economy,” Lapid said. They contribute around half of GDP, but they are an example of a collapsing Israeli middle class which nobody takes notice of.”
He continued, “Likud is in love with the large corporations, Labor is in love with large unions, and the small businesses are left neglected. These businesses account for 55 percent of the labor force, they provide livelihoods for more families than the unions and the corporations. They are spread throughout the country, they hold the periphery on their back, and they are the best way to fight unemployment and poverty and to solve inequality.”