Wednesday, June 25, 2014

Not the competition we want to win (again)

My colleagues at JDC's macroeconomic research institute, the Taub Center for Social Policy Studies in Israel, are doing some fascinating research on how Israel's society and economy look.

One graph in particular fascinated me. Even after you exclude Arab-Israelis and the Ultra-Orthodox, poverty rates in Israel are still among the highest in the developed world. Almost a quarter of Israelis live under the poverty line.

In fact ... compared to all the other developed countries there's only one that beats Israel. The US.

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