Yechimovich derides PM's 'dizzying' economic decisions

July 27, 2012 18:13


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Labor leader Shelly Yechimovich on Friday derided Prime Minister Binyamin Netanyahu for his spat of recent "contradictory" economic policy announcements.

"You could get dizzy from all of Netanyahu's contradictory economic decisions in the last three days," Yechimovich said.

"One day he's lobbing a tax on the rich, the next day he cancels it. One day he levies a VAT [Value Added Tax] and condemns income tax with all his might, and the next he levies an income tax. One day he says there are no free lunches and the next he tries to placate the public and say families will have more money after the cuts," the former opposition leader continued.

The cabinet is expected to pass a package of tax increases and spending cuts, which Bank of Israel Governor Stanley Fischer evaluated as "very responsible conduct," on Monday.

Related Content

Breaking news
August 21, 2018
U.S. State Department thanks Germany for admitting former Nazi collaborator