What the US Government Can Learn from Israel About Budgeting

In All Posts, Conservatives, Economy by Sal McCloskeyLeave a Comment

Netanyahu Face the Nation

This morning on Face the Nation, Israeli Prime Minister Benjamin Netanyahu had a lot to say about Iran and the potential for lifting sanctions without a firm agreement in place about nuclear weapons. That was standard an expected, but he did have one sound byte regarding the budget that’s worthy of discussion.

The concept is pretty simple:

“We introduced one change. If you don’t get a budget by the end of the year, an automatic budget goes into place, 1/12th each month of last year’s budget. If you don’t get a budget within six months, you go to elections. Guess what, Bob – we always get a budget.”

When American jobs are at stake, there are roadblocks, leveraging of positions, a mad blitz in the press, and petty bickering. When the politicians’ jobs are at stake, the situation would likely be remedied quickly. If the US government took a cue from our allies in the Middle East, perhaps there wouldn’t be hundreds of thousands of Americans not working, children not getting their clinical trials for cancer, and national parks closed.

Just a thought.

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