Bennett Pledges Economic Overhaul, Linking Military Service to Benefits
Former Prime Minister Naftali Bennett has re-entered the political arena, centering his campaign on economic reform and the integration of the ultra-Orthodox community into the workforce and military. Bennett argues that the current situation, where a significant portion of the ultra-Orthodox population does not serve in the military or work, places an undue burden on the economy and on reservists. He proposes a system where benefits and public funding are contingent on military service, stating, "Whoever does not enlist will not receive a shekel." This approach aims to increase national productivity by freeing up reservists currently serving extended periods and by integrating more individuals into the workforce.
Bennett's economic platform also includes reducing regulation and bureaucracy, tackling monopolies, and lowering the cost of living. He specifically targets the high cost of food and consumer goods, attributing it to market concentration and excessive regulation that hinders imports. He believes that breaking up monopolies and increasing competition, particularly through expanded imports, can lead to significant price reductions. He also advocates for a more efficient public sector, suggesting the implementation of AI and performance-based metrics to streamline government operations and reduce political appointments.
Regarding the housing market, Bennett pledges to increase the supply of rental units and release more land for construction, aiming for a potential reduction in housing prices by up to 30%. He also addresses the struggling high-tech sector, which he believes has been negatively impacted by institutional instability and the perception of political division, leading many Israeli startups to establish operations abroad. Bennett asserts that restoring regulatory certainty and stability, rather than tax breaks, is key to bringing talent and companies back to Israel.
Bennett, a former tech entrepreneur, draws on his experience as prime minister, citing a shift from deficit to surplus during his tenure. He emphasizes his commitment to structural changes in state systems and expresses confidence in his team's ability to implement a comprehensive economic plan. He dismisses concerns about potential protests from the ultra-Orthodox community, stating that they will not control public funding decisions. Bennett claims he is returning to politics not for personal gain but to secure the future of the country and its children.
