President Obama is trying to scare voters by saying how the republican plan will only draw us into the ditch as he has done for the past 2 years, and the Democrats in the Congress for 4 years, now he claims that Change is difficult, Yes we can... but it's not going to happen overnight,” .... Well in one country, maybe in one of the only countries that survived this recession and its economy is reporting over 45 of Growth, it happened not long ago, in 2003 Netanyahu as Finance Minister did the unpredictable, and here is how he did it, and how by following these reforms we can do it too:
Below is a excerpt of The remarks Netanyahu gave this week at the OECD event in Jerusalem:
"I had the opportunity to help lead some of these reforms first as Prime Minister in the 1990’s and then as Finance Minister from 2003 to 2005 and again as Prime Minister today.....Until 12 years ago, Israel was a fourth world country...."
"So the first reform was freeing up our currency. We adopted a new fiscal policy that strictly controls spending and dramatically cut taxes. We actually had a law that was in place as long as I was Finance Minister that actually reduced government spending per capita for three years. we did this including the overhauling of our welfare system; we privatized government monopolies; we reformed our capital markets and our pension system – we raised our retirement age for men from 65 to 67 and for women from 60 to 64."
"the ability to give individuals the right to pursue their own thoughts, to record their dreams, to communicate with one another, without the feeling that they’re being encroached on, that somebody is prying into their private lives, I think is one of the great challenges of the 21st Century and it’s something that will guarantee the 22nd as well".
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