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U.S. Aid to Israel Doesn't Make Sense

March 28, 2013


$8 million a day to Israel just doesn’t make sense!

American taxpayers have given more money to Israel than to any other nation, despite the fact that Israel is one of the smallest and richest countries on earth.

Thanks to special interest lobbying, which, until now, has largely gone unopposed, Israel receives $3 billion American tax dollars each year. This comes to a whopping $8.2 million per day. But that is not all. Special arrangements that benefit Israel combined with aid paid out to other countries on its behalf cost Americans nearly $7 million more each day and thousands of jobs…

The Staggering Cost of Israel to Americans

Israel has a population of approximately 7.8 million… It is among the world's most affluent nations, with a per capita income similar to that of the European Union.

Israel's unemployment rate of 5.6% - lower than America's 9.1%, and Israel's net trade, earnings, and payments is ranked 48th in the world while the United States sits at a dismal 198th.

Yet Israel receives approximately 10% of America's foreign aid budget every year. The U.S. has, in fact, given more aid to Israel than it has to all the countries of sub-Saharan Africa, Latin America, and the Caribbean combined—which have a total population of over a billion people. And foreign aid is just one component of the staggering cost of our alliance with Israel.

Read more from “The Staggering Cost of Israel to Americans” at:
http://ifamericansknew.org/stats/cost.html

 

Sources: 

Stop the Blank Check
http://stoptheblankcheck.org/

The Staggering Cost of Israel to Americans
http://ifamericansknew.org/stats/cost.html


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