Word: yoram
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...most heated arguments were over defense, which accounts for 29% of the budget. Finance Minister Yoram Aridor lad proposed cutting $333 million in military spending. But Defense Minister Moshe Arens argued vehemently that such reductions would impair the army's preparedness and require cutbacks in troop numbers. Begin agreed. At one point he chastised Aridor, saying, "It's not worth cutting the defense budget at a time like this." As a compromise the defense budget was reduced by $141 million this year; another $125 million will be sliced off in the next two years...
...response, the financially constrained government of Prime Minister Menachem Begin initially offered wage increases of 22% (after indexing for inflation) and a work week of 42 hours. Said Finance Minister Yoram Aridor in a typically uncompromising speech: "What kind of society will we have if everyone gets the idea he can go on a hunger strike to get a wage increase?" Finally, after a Cabinet meeting devoted almost entirely to the issue, Begin agreed to meet a delegation of hunger strikers. When the Communists brought a motion of no confidence against the government, the issue sparked one of the most...
...first time that the Begin government had been accused of mismanagement of the economy. Confronted with widespread discontent over Israel's triple-digit inflation during his re-election campaign last year, Begin appointed Yoram Aridor as Finance Minister and gave him a mandate to lower taxes on such luxury items as color TVs and household appliances, a short-term ploy that helped the Likud win the election-but only at the cost of rekindled inflation a few months later...
...departure from Begin's Cabinet of such prickly individualists as Foreign Minister Moshe Dayan, Defense Minister Ezer Weizman and Finance Minister Yigal Hurvitz helped to give the coalition the illusion of unity, even if some critics saw it more properly as a vacuum. Newly appointed Finance Minister Yoram Aridor had added an undeniably popular move by reducing excise taxes and import duties on luxury items like color television sets and autos. The "Aridor effect," as it promptly became known, sent Israelis on a crazy buying spree. Laborites angrily charged that it was a shameless attempt to buy votes...
Begin's government has shown unexpected resourcefulness in the early stage of the campaign. Much of the credit belongs to Begin's new Finance Minister, Yoram Aridor, appointed last January. Confronted with Israel's breathtaking 130% annual inflation rate, Aridor, 42, came up with a savvy political response: drastic cuts in the country's steep excise and import taxes on autos, color television sets, washing machines and other consumer products. While polls in January predicted an absolute Labor majority in the 120-seat Knesset, they now show Labor with only 45 seats, Begin's Likud...