President Peres speaking at the French embassy today.(Jack Guez/AFP/GettyImages)

From today:

We sometimes feel as though we have fallen into a poverty trap. This country is rich, but there are many poor people in it, and it is impermissible that in such a prosperous country so many people will suffer from poverty. This is a phenomenon that should weigh on the conscience of every decent person in Israel and we must not allow poverty to be passed down the generations.