The Foreign Aid Racket
Its how slick Willie wants you to see it:
Are you one of those people who look askance at foreign aid because you think most of it ends up in the pockets of dictators, warlords, terrorists, and the like, and because even when it does get into the right hands, it tends to encourage dependency and work against economic growth? Well, have I got a book for you. Jonathan Foreman’s Aiding and Abetting makes a strong case that things are even worse than you thought – lots worse.
Foreman’s focus is on aid by the U.K., and his point is unambiguous: that in a time of severe budget cuts, the British Parliament’s determination to raise foreign aid to 0.7% of the country’s budget is insane. But everything Foreman says about pouring Brits’ hard-earned pounds and pence down a rathole applies in equal measure to Americans’ dollars and cents – actually, greater measure, for in a world of givers, nobody gives more, and hence more wastefully, than Americans. Besides the giveaways – throwaways? – of taxpayer loot, moreover, Foreman also examines groups like Oxfam, CARE, UNICEF, and Save the Children, many of which not only take direct contributions from the likes of you and me but also accept hefty subsidies from Western governments.