Israel Unemployment at 5.8%, record lows!

Discussion in 'Israel and Palestine' started by GHook93, Jun 27, 2011.

  1. GHook93
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    GHook93 Aristotle

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    Once America elects Herman Cain to the White House, us Americans will way so high Israel! But I digress, 5.8% unemployment in the Middle East is astonishing. Compare that to her Arab, African and Persian (heck across the pond European) neighbors, who thing 30% unemployment is fricking awesome! Israel is a tiny country, under constant threat of war and subject to numerous boycotts and biased media, but still finds a way to kill ass economically. That 5.8% is skewed high as a matter of fact. The Israeli Arab unemployment is very high, most due to their own doing.

    Unemployment rate at all-time low - Israel Business, Ynetnews
     
  2. Baruch Menachem
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    Baruch Menachem '

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    What did they do to get the number there? Tax cuts, spending increases, or what?
     
  3. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Great news.

    And it only costs America several billion a year to keep Israel's unemployment rate low.

    Good job!
     
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  4. GHook93
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    GHook93 Aristotle

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    About 1/10 of a percent of their GDP fuckhead! It helps them protect themselves, but it hardly builds their economy. If US aid alone built a country then Pakistan, Lebanon, Jordan, Egypt, Algeria, Haiti etc wouldn't be such shit-holes!
     
  5. toomuchtime_
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    toomuchtime_ Gold Member

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    In fact, US military aid to Israel hurts the Israeli economy but boosts the US economy. Many of the items Israel buys from US firms, such as anti tank missiles, are manufactured by Israeli firms that export them. If Israel stopped buying these items from US firms and began buying them from Israeli firms, it would help Israel's unemployment numbers go even lower, but it would tend to drive the US' unemployment numbers even higher.
     
  6. GHook93
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    GHook93 Aristotle

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    And that is how it should be! If we are giving them military aid money then the stipulation should and MUST be that they use that money ONLY on American made weapons from American companies!

    Don't be naive. Israel's military expenditures/budget sits at $13 bil. Take the $1.5 bil out and that is a 9% budget cut! Either Israel takes the budget cut and adjusts or more likely they cut from other places!
     
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  7. High_Gravity
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    High_Gravity Belligerent Drunk Supporting Member

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    The Israelis manage their money well and know how to use it, we have given billions to Egypt, Pakistan, Iraq and Afghanistan and those countries are poverty stricken corrupt shit holes.
     
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  8. toomuchtime_
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    toomuchtime_ Gold Member

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    The suggestion has been made by some on the right that a portion of the US military aid should be refused so that Israel can buy with its own money items that are produced by Israeli firms. Unquestionably, this would create more Israeli jobs, and without analyzing how quickly money spent in Israeli defense industries circulates through the economy, it is impossible to say how close the increased tax revenues from these expenditures would come to the amount of the additional outlays by the Israeli government.
     
  9. uscitizen
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    uscitizen Senior Member

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    Gods chosen have jobs.
    Pray for jobs folks.
     
  10. GHook93
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    GHook93 Aristotle

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    Don't go overboard. The choosen people are still the Americans! Israel has a good economy, but they still have a long way to go with poverty levels, energy efficiency and military independence.

    America would and should be back on top if leftist fools like you and Sallow would just get out of our way and stop trying to change the best country in the world.

    Israel can be a diamond in the rough. Like Signapore, they can only get so far because of their size. However, America can and should be the undisputed kings of the world.
     

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