On video: High-tech workers protest in favor of a democratic Israel and an independent court (Yotam Ronan)
Prime Minister Benjamin Netanyahu dedicated yesterday evening to one of his favorite topics;
economy.
He met with Finance Minister Bezalel Smotrich and Bank of Israel Governor Amir Yaron, spoke with them about the biennial budget and the Settlements Law, and promised that it would contain news for the fight against the cost of living, for economic growth, and for the preservation and stabilization of Israel's economy for the next four years.
"The strength of the State of Israel is also measured by the strength of its solid economy", the Prime Minister's Office delivered one of Netanyahu's famous and well-known lines, which ended with the promise: "And we will make sure, with God's help, that it stays that way."
A few hours earlier, hundreds of Heitkists and big business owners in the economy took to the streets on strike to protest the legal revolution that the government is promoting.
The bibists on the networks snickered at the privileged northerners who left the espresso stands to shout, but Netanyahu, one can assume, is probably a little less amused.
He, a devotee of the start-up, cyber and innovation nation, knows more than anyone that this is the most productive sector in the economy, which pays the most taxes and brings in the most investments.
The high-tech protest, which joins the expanding civil demonstrations against the anti-democratic legislative measures promoted by the government, sends a resounding message to all corners of the world - and also to analysts at credit rating companies and investment houses.
Last week, a senior official at S&P warned that the moves to weaken democracy and change the balance between the authorities could jeopardize Israel's credit rating.
Two former governors of the Bank of Israel - Karnit Flug and Yaakov Frankel - echoed his words this week in an article in Yedioth Ahronoth, in which they warned that the weakening of the judicial system could lead to a decrease in the willingness of foreign investors to invest in Israel and deal a severe blow to Israel's economy.
A blatant show of support.
Netanyahu next to Deri at the faction meeting this month (Photo: Flash 90, Yonatan Zindel)
The current governor, Yaron, who returned from the economic conference in Davos, joined the warnings of his predecessors, and yesterday conveyed to Netanyahu the summary of his conversations and the concern about the possible economic consequences of Levin's reform.
The protest strike of the high-tech people shouted the same message, about the danger and fear of a flight of businesses, investments and brains if the democratic changes promoted by the Netanyahu government go through.
Netanyahu's address last night to the economic agenda was intended to divert public attention from the incessant legal headlines, as well as from the controversial initiatives that are emerging in the mornings by members of the new government and coalition.
But just as much, if not more, it signals an attempt by the Prime Minister to transmit stability and responsibility in the face of the anxiety and business and economic panic that may later radiate to the world markets.
Netanyahu indeed accuses the opposition of "irresponsible intimidation" that deliberately harms Israel's economic strength, but this is a projection, denial, or indolence.
Because while he is trying to project stability - his government is hyperventilating.
Less than a month has passed since the inauguration, and the new coalition has already had time to announce its intention to bring about radical regime changes and harm public broadcasting, and it seems that each of its members is now looking to register a reform or decree aimed at harming the secular and liberal sector.
Just this past week, MK Boaz Bismut submitted his first bill to limit the freedom of the press; Minister of Culture and Sports Miki Zohar zigzagged with the Israeli Shabbat; and Chairman of Torah Judaism Moshe Gafni began promoting a ban on the introduction of leaven in hospitals and segregation in nature reserves.
And we're only on Wednesday.
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Hundreds of economists warn: Netanyahu and Levin's legal plan will cause serious damage to Israel's economy
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puts pressure on the government.
Ben Gabir (Photo: Reuven Castro)
In the meantime, coalition officials gathered for a blatant demonstration of support for the corruption of Shas Chairman Aryeh Deri, the heads of the parties sent a threatening letter to the ombudsman, and a group of staunch bibists showed up to demonstrate in front of the house of Supreme Court President Ester Hayut. One of the gut-wrenching initiatives of Zohar and Gafani The Likud's weak point in religion and state, Netanyahu is quick to disavow, but he absolutely did not back down from Levin's extreme reform and Deri's legal antics. On the contrary.
As Netanyahu's coalition continues to spin in all directions, the public, business and economic protest will only increase and make it difficult for him to stabilize the economy and economy. But It will also make it difficult for him and Finance Minister Bezalel Smotrich to stabilize the coalition and pass the budget discussions. The Prime Minister and the Finance Minister agreed yesterday on "hedging" the huge budget commitments in the coalition agreements in order to adjust the budget to a responsible and balanced fiscal framework. This means that not everything that Netanyahu promised his partners He will really be able to sustain.
Minister of National Security Itamar Ben Gabir was the first to identify, and launched his budget campaign yesterday demanding a significant increase in the police budget, and other ministers are expected to join him with similar demands in the future.
In an atmosphere where everyone in the coalition is honest in their eyes, passing the budget will be a difficult challenge.
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