Word: hurvitz
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Begin was caught in a collision between two headstrong members of his government. On one side was Finance Minister Yigal Hurvitz, a tough administrator who has repeatedly threatened to resign and now stood adamantly opposed to any concession to the teachers. He argued that the proposed pay hikes would cost the government $2 billion over a period of 16 months and aggravate Israel's colossal annual inflation rate. That rate now stands at 140%, the highest in the world...
...Both Hurvitz and Hammer said they would resign if the other triumphed in their Cabinet battle. Either way, it would signify almost certain doom for the Begin government. If Hurvitz walked out, two other members of his tiny Rafi Party and two or three other political allies would be expected to follow and thus reduce Begin's majority of 63 Knesset members to fewer than 60, not enough to survive a no-confidence motion. A Hammer walkout would be even more devastating, since he would be expected to take with him most or all of the twelve-member delegation...
...stolid, jowly man whose face seems lugubriously appropriate to Israel's dire economic straits, Yigal Hurvitz, 62, who resigned as Finance Minister on Sunday, seems to thrive on political notoriety. Month after month, he had focused attention on himself in the Israeli Cabinet by challenging virtually every discretionary item of the government's planned 1981 budget. His goal: to pare public spending, hold unemployment to a tolerable 41/2% to 5% and, somehow, simultaneously bring the annual 140% inflation rate down to double digits by the end of the year. Understandably, he was not always thanked for his tightfistedness...
...government, some 8,000 members of Histadrut, the large labor federation, demonstrated outside the Prime Minister's office in Jerusalem. Said Yeruham Meshel, the organization's secretary-general: "This government is indifferent to the public's mood." Other critics demanded the resignation of Finance Minister Yigal Hurvitz, often called Yigal the Printer for his willingness to issue new currency to keep up with inflation. Seeing the Begin government thrown on the defensive, the opposition decided to strike...
...shootings and the economic crisis are bound to create further fissures in Be gin's fragile government. Hurvitz already has hinted that he might pull out of the Likud coalition and take his tiny La'am Party with him. Says one Begin aide...