Hebrew University’s Dr. Avi Simchon has been appointed at the new advisor to Finance Minister Dr. Yuval Shteinitz.
Speaking with the media this week following his appointment he commented on the situation in Israel today, confirming that Israeli banks have indeed survived the crisis rather well, explaining in banks in the United States charged fees as their Israeli counterparts; they too would have emerged from the crisis in better condition.
When asked about poverty in Israel, Dr. Simchon explained that the poverty is in part the result of a certain behavior and in Israel, there is a lifestyle that does not exist in any other developed nation, that certain segments of society have seven, eight or even ten children, calling this “destructive to society” because it is most unlikely that all of these children will complete schooling and acquire the skills they require.
“We must ask ourselves as a society what we can do for these people who are harming themselves and their children. Until this problem is solved, we will not be able to solve the poverty and inequality for a salary divided ten ways simply is not sufficient. We are raising generations of poverty. This problem that is unique to Israel”.
(Yechiel Spira – YWN Israel)