Israel's scorched-earth finance minister
Yuval Steinitz, with the help of his boss Benjamin Netanyahu, recklessly increased spending without raising taxes in parallel. Let's hope Yair Lapid can do better.
Strategic and Intelligence Affairs Minister Yuval Steinitz is currently in Los Angeles at a conference held by the Milken Institute. He's discussing the importance of investing in Israel, but he should be talking about an entirely different topic: how he, as finance minister, failed in managing the state budget, tipped the country into a huge deficit and left scorched earth behind him.
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