On Wed, 15 May 2013 23:20:15 +0000 (UTC), "JJ" <
dmr...@gmail.com>
said:
>Those Reagan-Thatcher-Bibi policies really work :-( .
Yes, they do. There's empirical evidence for that - the best kind,
right?
But what exactly does the material below have to do with such
policies? Oh - Bibi. I see. Well, AFAIK he did well as a Finance
Minister, but now Israel has to deal with what nearly every other
developed country has to deal with - government overspending, crony
capitalism, and socialist inefficiencies in the economy.
>Quote:
>
>In a report examining how the developed world copes with the global
>downturn, the OECD warned the "financial crisis is squeezing income and
>putting pressure on inequality and poverty" across the board. In last year's
>report Israel came second behind Mexico in the number of poor families in
>the OECD.
>
>End quote.
>
>The report (available in the Hebrew press) stresses that the trend began in
>1977 (Begin, Likud) and became much worse in the 1990s. The last 4 years
>have been the worst. Startup Nation indeed -- but not for everyone.
It can never be for everyone, Jay.
>
http://www.ynetnews.com/articles/0,7340,L-4380310,00.html
--
Yisroel "Godwrestler Warriorson" Markov - Boston, MA Member
www.reason.com -- for a sober analysis of the world DNRC
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