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If Only it Were This Easy – Getting Out of Poverty

Posted by admin under Child Poverty, Children, Disposable Income, Getting By In Israel, Perspective, Poverty in Israel, Self Improvement, Social Justice, Solutions to Poverty, Tzedakah, What can "I" do, What can THEY do

Break the Cycle

The Brookings Institution came out out with a study a while back that suggests that its “easy” to get out of, or at least, avoid, poverty. Their suggestions might make sense in the USA, or other developed coutries where the concept of a “Disposable Income” exists. However, in a place like Israel, that is just not the case. Here is their article:

We’re a nation of bootstraps. Pull hard enough and you can pull yourself from rags to riches.

Or so we like to think. New research suggests we’re not as strapping as we might think when it comes to economic mobility.

New research from the Brookings Institution shows that economic mobility – the chance a child born into a poor family has to escape poverty – isn’t as robust as we might think.

If you’re born into a middle-class family, there’s a 76 percent chance you’ll end up middle class or even wealthier. Born into a poor family? Only a 35 percent chance. More here.