Tuesday, August 25, 2009

Income study of Kiryas Joel

This is a town in new york, orange county I think.  It is supposedly the poorest or one of the poorest municipalities in the US.  It is a hasidic jewish community though and it doesn't seem that poor.  Would be interesting to find out why that is, there could be some economic lesson that would apply to the nation at large.  Apparently the whole town collects welfare, and it may have something to do with the large number of children each family has.  Efficiency or exploiting the system?  Subject for further research.

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