American Taxpayers Subsidize Israels Prosperity by Alison Weir, September 01, 2011 Print This | Share This Israels Jerusalem Post newspaper recently published an article calling Israel The New Golden Country for young people from around the world. It reports that Israel boasts an ever-increasing GDP, a strong currency, and a lower unemployment rate than the U.S. The article fails to mention the well over $3 billion a year that American taxpayers have given Israel for years, nor the fact that some of this money has been used to develop industries that compete with U.S. companies, costing thousands of American jobs and adding to the American unemployment rate. The story also omits the fact that Israel has periodically stolen U.S. technology, hurting the U.S. economy still more, and fails to note that support for Israel has cost Americans in the range of $3-$6 trillion and that these costs continue to escalate. The article reports that many young Jewish American singles are realizing that their future is in Israel. Since 2002, over 7,000 students and young professionals have made aliyah from North America and the UK bringing with them their skills. Many of these new Israeli citizens, the article reports, then telecommute to their home countries, commute to Europe, or consult globally, adding to Israels economy. The Israeli story states: Many students and young professionals are drawn by the incentive of free tuition for a bachelors or masters degree, comparing this to the United States, where obtaining a degree can put many into significant debt. According to the article, Israel sits, quite literally, at the nexus of the world. The newspaper reports: This tiny nation is not only in the geographical heart of the globe and at the center of international attention. Israel is also at the very core of innovation, a leader in global commerce and technology.