Israel began doing it decades ago. Social injustice hits hard. Gal-On added:
"These corporations owe millions to the state, but because they are wealthy enough, and because Netanyahu and Steinitz are standing before an ever-growing debt, which they are responsible for, they are willing to accommodate them."
Steinitz called his package "measured, correct and courageous steps that will protect the Israeli economy and Israeli citizens from the global (financial) crisis. We have economic governance here."
Growing wealth disparity hardly proves his claim. More austerity when greater needs aren't addressed reveals what ordinary Israelis face. Expect worse ahead. In mid-September, cabinet members discuss FY 2013 budget priorities. More social spending cuts are planned.
Money power runs Israel and Western countries. Rich elites get richer. Others pay onerous taxes and struggle to get by.
Thousands protest publicly. Moshe Silman self-immolated and died. Others set themselves ablaze. Doing so symbolizes social injustice harshness.
Netanyahu and other hardliners ignore pleas for help. Militarism, settlement construction, corporate favoritism, elitism, and neoliberal harshness remain prioritized. Public needs be damned.
Stephen Lendman lives in Chicago and can be reached at Email address removed .
His new book is titled "How Wall Street Fleeces America: Privatized Banking, Government Collusion and Class War"
Visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.