It neglects the fact that there are more ways to make a hefty living that are not connected to advanced or even basic education. Of course, those ways, and there are many Haredim who have followed that path, in no way can compensate for the overwhelming majority, which is thoroughly crippled.
The notions of forcing them to have an education, forcing them to join the army, forcing them to go to work will, of course, flounder due to the nature of the coalition government. Bibi has made a pact with UTJ and Shas, and there seems to be no way out of that.
Given the enormous demographic shifts which will make UTJ, Shas, and their Religious Zionist coalition allies more and more powerful, it seems that the path of coercion is no longer going to succeed.
What is yet possible, and I know this will be unpalatable for many. I myself find it disagreeable, but that would be to officially exempt the Haredim from military service. This would, in fact, destroy the strangle hold which their leaders have over them. They would be able to be working without having to hide this from the general government. They could receive job training and then be able to go into the workforce or the business force.
Those with a strong or even minimal moral sense will say it's just not fair. Why should they be exempt from fighting, getting wounded, dying, and in general being part of the rest of the Jewish people?
The answer is that it isn't, but right now Israel has dug itself a deep hole due to its endless desire to receive Chareidi votes and the attendant need to placate their every whim. You are right, it's not fair, but what other options remain?
What possible childish hysteria can the leaders of UTJ and Shas say about this? Usually, they assert the myth that the rest of Jewry wishes to destroy the Torah and their religion. Surely, they can't say that allowing them to go to work with no obligations is an attempt to destroy their religion.
Yes, many will remain in yeshivas, trapped in the endless cycle of coming to America and asking the millionaires to help them, but there will be many who will begin to opt out, given the option to earn a decent living.
PS -- These elections might be "the last chance," given demographic change, for Israel to change its course. However, if that change, of course, is going to be limited to coercion, I don't think it will succeed. It will have to be the carrot and not the stick. Do the leaders of a possible opposition coalition have the support of their constituency to do that? That is far from simple.