by Serban V.C. Enache
Across Lebanon people are protesting against corruption, shortages, unemployment, and what they see as political elitism and crackdowns on dissenters. The Government’s decision to tax people using WhatsApp basically was the last drop that filled the cup. The protesters, Christians, Shias, and Sunnis, are chanting “revolution.” Hezbollah, who leads the ruling coalition, opposes a change in Government. Hassan Nasrallah said the administration has other options outside tax hikes; and that if the Government resigns it will take one or two years to form another. He also hinted that everyone, rich and poor, should make a sacrifice. Really though, asking the poor to sacrifice is redundant. Let’s start with the country’s sectoral balances as percentage of GDP in the last 9 years. The situation is completely unsustainable.