Israelis protest against high cost of living

Posted on August 6, 2011

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Israelis protest against high cost of living – Middle East – Al Jazeera English.

Wide range of issues

The movement further expanded as protesters later joined in over a wide range of economic issues.

Young parents are protesting high child rearing bills, doctors are striking due to strenuous work conditions, teachers are marching over restrictive work contracts and others are in the streets over low salaries, ever increasing gas prices and food costs.

The popular demonstrations have snowballed into the biggest internal challenge yet for Netanyahu and his government. Polls released last week show his approval ratings have dropped while support for the protesters is high…

Israel has one of the highest poverty rates and income gaps in the developed world, and prices for homes, food and fuel have risen in recent months.

For middle class Israelis, the high cost of living makes owning property impractical if not virtually impossible and causes many working Israelis to live in debt from paycheck to paycheck.

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