Posted by Alumni from Globes
July 25, 2020
"The coronavirus economic response plan that was brought before the Israeli Knesset this week [which includes a conditional commitment to a full year of support to workers and businesses] gets many things right," says Professor Ori Heffetz. "First and foremost is the plan’s long horizon. It provides a year-long safety net to hundreds of thousands of affected Israelis. That already is a big deal. It’s not enough to ensure that affected families have money to put bread on the table, pay the rent, and pay the bills next month. One should also give families a guarantee that they will have enough money in the coming months, even if the economic situation doesn’t improve quickly. document.write(ad_handler.google_div({"url":"/7263/Globes_Desktop_ENG_2019/300x250/Article_In_Content_300x250_1","sizes":"[300,250]","local":"en.spot_in_content.article.1"})) "This is our moral duty: to do everything we can to alleviate their economic pain, and minimize their economic uncertainty, which in... learn more