2014 Gates Annual Letter: Myths About Foreign Aid - Gates Foundation
Learn how foreign aid reduces overpopulation, dependency on aid for impoverished countries, and makes a sustainable future for our planet.
I encourage everyone to read this in its entirety. Hats off, Mr Gates.
Two relevant snippets:
"Many people think that development aid is a large part of rich countries’ budgets, which would mean a lot can be saved by cutting back. When pollsters ask Americans what share of the budget goes to aid, the average response is “25 percent.” When asked how much the government should spend, people tend to say “10 percent.” I suspect you would get similar results in the United Kingdom, Germany, and elsewhere.
Here are the actual numbers. For Norway, the most generous nation in the world, it’s less than 3 percent. For the United States, it’s less than 1 percent."
"There is a double standard at work here. I’ve heard people calling on the government to shut down some aid program if one dollar of corruption is found. On the other hand, four of the past seven governors of Illinois have gone to prison for corruption, and to my knowledge no one has demanded that Illinois schools be shut down or its highways closed."Posted on 2014-01-21T22:02:21+0000
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