Ivellious wrote:I agree, Israel has a booming economy fueled by advancements in their technology field, which was fueled by a half century of generous gifts from the US and UN.
Well it's very evident you haven't studied our relationship with Israel.. First off, they are not exactly generous compared to the other surrounding countries. Secondly, many counties invest in Israel for their own benefit, namely new technologies, agriculture and other scientific studies.
More here:
http://www.investinisrael.gov.il/NR/exe ... 823FF6.htm
"According to the WEF 2008-2009 Competitiveness Report, Israel has the 5th highest number of patents pending in the world and ranks 6th in technological innovation. Israel also ranks 3rd in quality of scientific research institutions."
Ivellious wrote:ISo, I ask again, why must we continue to spoon-feed them cash if their economy is so robust?
Read the site above... There is more here..
http://seekingalpha.com/article/202332- ... -in-israel
Ivellious wrote:Shouldn't we worry about our own economic woes if Israel is so economically powerful?
What does that have to do with anything?
Ivellious wrote:And, for the record, Israel's distribution of wealth is as bad as the United States; the very few rich are incredibly rich, the poor are incredibly poor, and the middle class is shrinking. And when they get handed money, it foes to the rich people running the technology and natural gas companies, not the poor who need it. That's why I disagree with continuing to hand money to them. Trade is good, but they no longer need our handouts, especially since we need all the financial help we can get
Again... Israel hardly get's anything compared to it's surrounding neighbors which use their money mostly to destroy Israel.