Foreign Aid to Israel puts the U.S. deeper in debt and is bad Foreign Policy
by, 07-12-2011 at 11:47 PM (12640 Views)
When the United States government gives foreign aid to any nation, it throws the concept of Fiscal Responsibility completely out the window.
The U.S. is deeply in debt and must continually borrow money from nations such as China just to operate on a daily basis. Borrowing money to give away to foreign nations that do not pay into our national treasury is fiscally irresponsible. Borrowing money to give to Israel is a heavy burden on the American taxpayer and we simply can not afford to increase taxes so that we can give that money away to foreign nations, Israel included. Giving foreign aid to Israel is not fiscally conservative.
Considering that the U.S. has a massive problem with the debt ceiling and the Debt-to-GDP ratio is higher for the U.S. than Israel, one could argue that Israel giving foreign aid to the U.S. would make more sense. The U.S. can support Israel in many ways, but financially is the wrong way. The U.S. is over $14 Trillion in debt, an amount of over $46,000 per citizen and growing by the day.
The position that a portion of my income should be taken from me by force and given to foreign nation goes against the concept of limited government. American citizens can and should be free to give their own private money to Israel if they wish. When the government is spending taxpayerís money to fund another nationís programs, it is simply redistribution of wealth.
Redistributing wealth from American taxpayers to a foreign nation is simply another form of welfare. Welfare is favored by socialists and it is looked upon as a situation where the ends justifies the means. Socialism and redistribution of wealth is wrong, even if it is done with the best of intentions.
For many decades the national debt of the U.S. has been ignored and fiscal irresponsibility has been tolerated. The debt is now over $129,000 per taxpayer and growing. It is not possible to borrow our way out of debt and the only solution is to spend less than we have. Redistributing money we do not have and must borrow is part of the problem. Part of the solution is for Israel to use their own tax revenues for their own programs.
Borrowing money from China to give to foreigners and sticking the bill to our children is not fiscally responsible for any nation and is a bad foreign policy.