The unbearable cost of a unity government

Ever since Israel's snap election drew to a close on September 17, the country's chattering class has ginned up its campaign to convince Israelis that what they really want is a national unity government.  To drive home their point, pundits, commentators, and other members of the country's intelligentsia have drawn parallels between Israel circa 1984 and today. This is a false equivalence.  When Likud leader Yitzhak Shamir and Labor's Shimon Peres agreed to share power, the Israeli economy was teetering on the verge of collapse, with inflation running rampant.  Israel was also a country at war in 1984 — the first Lebanon War. Fast-forward to here and now.  Israel's economy and security are relatively stable and have been that way for some time.  Despite regular skirmishes with Hamas in Gaza and Hezb'allah in Lebanon, the Israel Defense Forces aren't waging a ground war on enemy...(Read Full Post)
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