The 10-year aid program would give Israel up to $40 billion to upgrade its military aircraft and missile defense systems, and to defend against militants in Lebanon and the Gaza Strip, and al-Qaida and Islamic State affiliates in Syria and Egypt.
This is the largest aid we have given to a country in the history of the US and it's about 78% of Lebanon's GDP in 2015. $40 Billion is only 8.7% of the GDP of Lebanon, Syria and Egypt combined.
$40 billion aid package to Israel is 'largest ever' to any country, says Susan Rice - UPI.com
This is the largest aid we have given to a country in the history of the US and it's about 78% of Lebanon's GDP in 2015. $40 Billion is only 8.7% of the GDP of Lebanon, Syria and Egypt combined.
$40 billion aid package to Israel is 'largest ever' to any country, says Susan Rice - UPI.com
This is the largest aid we have given to a country in the history of the US and it's about 78% of Lebanon's GDP in 2015. $40 Billion is only 8.7% of the GDP of Lebanon, Syria and Egypt combined.
$40 billion aid package to Israel is 'largest ever' to any country, says Susan Rice - UPI.com
Keep in mind a goodly portion of that is going to end up with US-based defense contractors, who sell Israel much of their weaponry.
Viewed through this lens, this spending is U.S. economic stimulus as well as support for an ally.
Why don't we spend that money on fixing our own stuff instead?
Keep in mind a goodly portion of that is going to end up with US-based defense contractors, who sell Israel much of their weaponry.
Viewed through this lens, this spending is U.S. economic stimulus as well as support for an ally.
Would have a bigger stimulus if they divided up that $40 billion and gave every single American $120 to spend as they desire. You wouldn't be able to buy a new car but you could go out and treat the family or buy that new tool you wanted.
It is crazy to think if I give my neighbor $100 and he turns around and hires me for $20 to mow his lawn that I will be pleased to take my wife out to McDonald's for lunch with that $20.
Viewed through that lens, some foreign policy lobbyists need to be re-examined. That money could be spent in an economic stimulus that doesn't further entangle the US in the Middle East.
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