Yediot Aharonot opines that the appointment of Prof. Manuel Trajtenberg to head the Team for Socio-Economic Change is "the continuation of the path of former Bank of Israel Governor, [the late] Prof. Michael Bruno. Prof. Trajtenberg headed the National Economic Council at the Prime Minister’s Office, a professional body established in 2006 by Prime Minister Ehud Olmert. He took his position most seriously: He not only created the council from scratch, but, within a relatively short period of time, made it a factor of great influence on the Government’s decisions." The author notes that "Israel is a developed country with the highest rate of poverty in the West, not a country with the most depressed middle class in the West. Therefore, Prof. Trajtenberg views the fight against poverty – by means of increasing the employment of two large communities, the ultra-orthodox and the Arab – as standing at the top of the social agenda."
Ma’ariv professes that "The situation in the US and in Europe is very dangerous: It can drag the entire world into a recession, and that is very dangerous for Israel as well. It will cause a plunge in exports, a slowdown and unemployment."
Yisrael Hayom contend that "Following his signing of the dept ceiling agreement, in which he backed down from his stance regarding the raising of taxes, Obama became a lame duck devoid of any strong influential economic leverages."
The Jerusalem Post comments on the escalating violence perpetrated by the Syrian regime on its own citizens, and notes that “In so desperately and violently clinging to power, the behavior of the Alawite ruling minority conforms with perfect consistency to fears it has expressed for 75 years of what majority rule would mean for them.”
Haaretz calls on PM Netanyahu to distance himself from FM Liberman, who has recently stated that the Palestinian Authority is getting ready for bloodshed on a scale not yet seen for the day after the UN vote and also threatened to nullify the Oslo Accords. While the editor contends that these statements are merely a transparent attempt to sow fear among the public, he nevertheless states that “if Netanyahu does not distance himself from the attempt of one the most senior ministers in his government to spread belligerence, he will not be able to fulfill his obligation to ensure peace and security.”
[Sever Plocker, Prof. Rafi Melnick and Prof. Avraham Ben-Tzvi wrote today’s articles in Yediot Aharonot, Ma’ariv and Yisrael Hayom, respectively.]