Bad in Concept and in Aim

Newspaper: Jewish Herald
posted on:
22 In may 1962
Economy - Currency Control. Knesset , Individuals - Levi Eshkol. Political Parties - Mapai. Aliyah - Return to Zion
Begin discusses Levi Eshkol's compulsory loan motion in "Herut." Although Herut warned other parties that this was a bad law, the majority of the Knesset voted in its favor. Begin explains why this proposal is extremely faulty for Israel's citizens. He argues that Mapai is lowering the standard of living and that a forced loan plan simply adds tax upon tax. Begin acknowledges that in states of emergency, a government will borrow from its citizens without permission. In Israel, though, the Government has done exactly this, except two times in a single year—one for the sake of new immigrants, and the other in hopes to discontinue the economic inflation. Begin concludes that the Government's actions in both situations are not viable solutions.