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Sham of biannual budget

In order to create the appearance of stability, Netanyahu’s government will pass a budget for two years: 2009 and 2010. Realistically, it would take months to approve even a 2009 budget, and the 2010 economic situation is so unpredictable as to make any planning of government revenues and expenses meaningless.

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Comments

Budget “biannual” will soon become a new economic term. Budget “biannual” is what only a very poor country would do.

Fabio ProvidenceRI 29 May 2010

Satmar who has saved Yemeni Jews was absolutely right when decided not to bring them back to Israel. Though the US is hardly much better.

Jorge ReddingCA 29 May 2010

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