Discontent as gas, cost of living skyrockets

Friday, May 11, 2012 |  Israel Today Staff  

As the weather gets warmer, seeds are being planted for a new round of social unrest, reminiscent of the mass protests last summer over the high cost of living. With real estate, gas, food and electricity costs soaring, the people in Zion are unhappy.

“Netanyahu is starting to sweat,” a member of the ruling Likud party told Israel Today. “He must get a hold on the cost of living or people will take to the streets.”

In particular, Israelis are frustrated over the price of gasoline, which is heavily taxed by the government.

“The price of gas is going crazy!” an angry taxi driver shouted on Israel Radio. “We’re not living in Europe here. The average Israeli earns 7,500 shekels [about $2,000] a month.”

Interestingly, while the world is focused on Israeli threats to attack Iran, Israelis seem more concerned about how they are going to have enough money to finish the month.

To read more about Israelis' economic challenges, check out the May issue of our Digital Edition >>

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