Israel’s Poverty Rate The Highest In Developed World
Posted: 05/15/2013 1:26 pm EDT | Updated: 05/15/2013 1:29 pm EDT
Israel has the highest poverty rate in the developed world, Haaretz concludes based on a new study by the Organization for Economic Cooperation and Development (OECD).
The newspaper notes that with a poverty rate of 20.9 percent, Israel scores lowest out of 34 economically developed countries. The country also has one of the biggest gaps between its rich and poor in the developed world .
In the new report on income inequality, the OECD writes that data indicate economic crises have lowered incomes and capital in most countries. In addition, the organization concludes that inequality has increased more in the past three years than in the previous 12.
Many countries entered the global economic crisis already facing the highest levels of income inequality since OECD records began. With higher unemployment and lower returns from capital, the crisis not only weighted heavily on incomes from work and capital but also made their distribution more unequal.
Only Chile, Mexico, Turkey and the U.S. precede Israel when it comes to income inequality rates, the study indicates. Nordic and Central European countries have the least income inequality.
…the fame of jews humanitarian heart, and sickening “greed”, and , is proven once again…!
Proven bad fame of Jews! Usury, excessive “greed”, avarice; covetousness, most selfish, and treacherous tricky cowards…! Nutty Old Testament Bible!
And I am not a hater of human species or of races…!
The Rich as segregationists of poor and peasants, as Jews are of them plus to the Palestinians…! You can ask any Jew if Palestinians are inferior…!