In today's paper I read the US gave $28 billion in foreign aid in 2008 to more than 150 countries. Did we miss giving anyone a free lunch? This excludes funds related to the Iraq and Afganastan wars. The top receiver was Isreal ($2.4 billion) mostly to buy weapons. This number will rise to $3 billion per year for 10 years. The second winner was Egypt ($1.7 billion, including $1.3 billion for weapons). The third winner was Pakistan ($800 million) followed by Jordan ($700 million), Kenya ($600 million), and South Africa (600 million).
Imagine this with US debt at $10 trillion and now the problem with the economy.
It is time to cut these free loaders off. Ok, maybe a little for countries with starving people.
I wonder how China measures up and how big their free lunch is.