Foreign Aid: The Real Story On How Much It Costs


Libyan Protesters Demand Security in Tripoli

Libyan Protesters Demand Security in Tripoli (Photo credit: United Nations Photo)

Over $1,000 per Federal Tax-paying Household goes to Foreign Aid every single year.  That is a fact.

The Liberal media enjoys calling attention to the fact that Foreign Aid only makes up 1% of the National budget.  They like to ignore the fact that Foreign Aid has been going up drastically ever since our economy has been collapsing.  Our government has decided that now is the best time to send money abroad, rather than use it at home.  They also fail to mention the fact that Foreign Aid would be much more than 1% of the National budget if the National budget was as small as it should be!  We are adding trillions of dollars to the National Debt per year, so assessing different programs as a percent of the National Budget is just a shell game to make everything look small so that you won’t realize how quickly the numbers add up.

Now that we are knee-deep in the Great Recession, we need to look at every expenditure and justify it.  So…how do we justify things like…

Foreign Aid has grown over 300% over the last ten years…while the economy has been declining

We gave Afghanistan over $11 billion in 2010

We have Pakistan almost $3 billion in 2010

We gave Israel almost $3 billion in 2010

We gave Iraq over $2 billion in 2010

Egypt and Haiti also got over $1 billion

How do we justify all of this spending when we are so broke at home?  I am not arguing that we should knock it down to zero.  I am simply arguing that our Foreign Aid should not be rising 300% during a time when we have had terrorist attacks, wars, and a Great Recession to deal with.  That, in my opinion, is irresponsible government.  What do you guys think?  We would love to hear from you.  Share this with your friends and family, and encourage them to share their thoughts.  Enjoy!

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About Todd Hagopian (@ToddHagopian)

Todd Hagopian received his BA from Eastern Michigan University with a major in Political Science. After graduation, he worked as a Financial Advisor and a Bank Manager before returning to school. He attended Michigan State University, where he completed an MBA with a double-major in Finance and Marketing. Todd is now a Senior Product Development Manager for a Fortune 500 company. He frequently writes about business issues, social media strategy, and political issues that he finds important. Enjoy the blog!

Posted on September 9, 2012, in Politics and tagged , , , , , , , . Bookmark the permalink. 1 Comment.

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