Monday, June 9, 2014

What will become of us?

Some 40% of Israel's children live under the poverty line according to market incomes (before welfare and taxes). Only Poland, in all the developed world, has a higher child-poverty rate.

After the welfare and tax systems are taken into account, disposable income poverty in Israel among children is the highest in the West. It actually increased by 61% from 1992-2011.

We may be a Start-Up Nation. But many of our kids won't be in it.

My colleagues at JDC's macroeconomic research institute, the Taub Center for Social Policy Studies in Israel, have done some fascinating research on this subject ... take a look at this chart for an example:

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