Quite right, money spent on arms and settlements drains away finance available for social programmes. If Israel won't make peace with the Palestinians or take the economic opportunities offered in the Arab peace initiative then it will remain insecure, and citizens will live in poverty. Take your pick guys.
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At least 15 people said wounded in bus accident on Rte. 431 between Ramle and Modi'in (Haaretz)
from the article: Israel is a third-world country in denial