Israel- Downturn of the Economy- key issue
Even while sporadic terror incidents continue, everyday needs still persist that we simply can't afford to ignore. And today, we're working against an already difficult set of circumstances, all of which put enormous demands on the federation system. As the Israeli economy continues to sink into deeper recession, the strain on Israel's social services grows, influencing the dramatic rise in social welfare needs.
It's been nearly three years since the violence began. And since that time, the impact of this chronic, economic stress has only deepened. In fact, in 2002, Israel had the worst economic performance of any Western country. The trends – increased unemployment, a drop in the average income and an increased socio-economic gap between rich and poor – are only expected to grow in this recession. Our most vulnerable populations – our primary focus – are expected to become even more so. Here's how the crisis has manifested itself economically in Israel:
Unemployment is at 10.5%. 1 out of every 6 Israelis was out of work at some point last year.
Unemployment rate is expected to rise to 12% this year.
Tourism, the lynchpin of the economy, is at its lowest point in 20 years – revenues have plummeted from $4 billion to $2 billion.
In this economic climate, funds are being further cut from social services, and the already vulnerable populations are becoming more vulnerable. This is why our Annual Campaign dollars are so critical.
Massive Strain on Social Structure
Aliyah:
Argentina
The economic – and emotional – meltdown continues in Argentina. You just don't hear about it as much since issues of Iraq and the Middle East dominate the news. Over the past few years, like the rest of the country, Argentina's Jewish middle class (80% of all Argentinean Jews) has experienced financial and economic distress. Here are some of the grim facts, and how federation dollars have helped address these needs:
Elderly in FSU in Israel, and America
Professionals and volunteers work year-round to meet the immediate and long-term needs of elderly Jews wherever they live. Today, we've got a tremendous challenge on our hands- and it's only getting worse. We're aging at an incredibly high rate compared to the rest of the world... in America, in the FSU, and in Israel. And budget cuts aren't helping matters anywhere.
Right now in the FSU, federation dollars:
Right now in Israel,
Jewish identity/Anti-Semitism- campus-wide and world-wide
And that's just the elderly. Day in and day out, annual campaign dollars fund families in distress, building Jewish identity for our children - through JCCs, Israel programs, and campus Hillels. Annual Campaign funds address Jewish identity:
Domestic needs at home
On top of all of this, we have our usual everyday needs at home, strengthening families at risk, children in distress, single parents -- all of which our community must address:
V. IEC update/synopsis:
Because of our collective efforts and our donors' generosity, in just 18 months,
All of this because of the generosity of the Jewish community – because of people like you – who together raised more than $349 million, $259 million since April, 2002 alone.
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You've just heard/read all the facts. And with the stakes higher than ever, the mandate Kol Yisrael Arevim zeh l'zeh - all Israel is responsible one for the other – speaks louder today than it ever has... We have a financial responsibility on top of our moral and human responsibilities – to reach out to those who need our help. As uncertain as things may be in our own backyard, we're in far better shape than so many others throughout the world. In serious times, we need to give wisely, strategically, but most importantly, compassionately.