Bailing Out The World
January 3rd, 2009Bailing Out The World
Mad? You Should Be
So, how much money did the United States dole out to the world in 2008?
With a faltering economy and increasing job losses, you would think that we’d take care of our own beyond all others. Sadly, this isn’t the case. It never has been, and there’s no indication that it will be in the foreseeable future.
The U.S.gave an estimated $26 billion in foreign aid in 2008 – and this figure doesn’t include funds related to the wars in Iraq and Afghanistan. More than 150 countries get financial assistance from the United States. Here are the top 10:
- Israel — $2.4 billion : Virtually all of this money is used to buy weapons (up to 75% made in the U.S.). Beginning in 2009, the U.S. plans to give $30 billion over 10 years.
- Egypt — $1.7 billion : $1.3 billion to buy weapons; $103 million for education; $74 million for health care; $45 million to promote civic participation and human rights.
- Pakistan — $798 million : $330 million for security efforts, including military-equipment upgrades and border security; $20 million for infrastructure.
- Jordan — $688 million : $326 million to fight terrorism and promote regional stability through equipment upgrades and training; $163 million cash payment to the Jordanian government.
- Kenya — $586 million : $501 million to fight HIV/AIDS through drug treatment and abstinence education and to combat malaria; $15 million for agricultural development; $5.4 million for programs that promote government accountability.
- South Africa — $574 million : $557 million to fight TB and HIV/AIDS; $3 million for education.
- Mexico — $551 million
- Colombia — $541 million
- Nigeria — $491 million
- Sudan — $479 million
Let your elected officials know that you’re not happy about this.
Tags: government, money
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