MK Khenin: Netanyahu’s capitalism is bankrupting Israel

In the wake of news that Israel’s deficit is double than what analysts had previously forecasted, MK Dov Khenin (Hadash) said: “The brand of capitalism propagated by Netanyahu’s government doesn’t pretend to create equality and fails to increase welfare; now we see that it even fails at balancing a budget.”


MK Khenin, on Saturday morning in Tel-Aviv (Photo: Hadash)


“This information (regarding the deficit) is not surprising – Netanyahu’s government has sold the public’s goods to tycoons, all the while handing out tax exemptions worth billions. In doing so he has helped push Israel one step closer to economic and social bankruptcy,” he said.

 

 

In the wake of news that Israel’s deficit is double than what analysts had previously forecasted, MK Dov Khenin (Hadash) said: “The brand of capitalism propagated by Netanyahu’s government doesn’t pretend to create equality and fails to increase welfare; now we see that it even fails at balancing a budget.”