Bibi’s Approval at All-Time Low over Budget Cuts

PM, Finance Minister see popularity drop as budget cuts, tax hike are approved.
By Maayana Miskin
First Publish: 8/2/2012, 11:10 AM

Binyamin Netanyahu
Binyamin Netanyahu
Flash 90

Prime Minister Binyamin Netanyahu’s popularity hit a new low this week with 60% of Israelis saying they are not satisfied with his performance. Just 31% said they are satisfied with his decisions as prime minister.

Finance Minister Yuval Steinitz got even lower ratings, with 67% expressing disapproval of his actions and just 19% saying they are satisfied with his work.

The drop was revealed in a poll from Haaretz-Dialog.

The primary reason for the drop in popularity was the approval of a set of measures aimed at reducing the deficit. The measures include a hike in the VAT and income tax and cuts to the budgets of many ministries.

Netanyahu’s approval ratings had been on a steady decline even before the new measures were voted in. While his support in Israel has slipped, the Prime Minister enjoys favorable opinions among Americans, with 35% reporting having a positive view of him compared to 23% with a negative view.