You Won’t Believe How Much Money the U.S. Has Just Spent!

Foreign aid spending can have a severe negative impact on the US economy. The US is currently facing an ever-rising debt and deficits, and spending billions of dollars on foreign aid only exacerbates the problem. Not only does it put an additional strain on the budget, but it can also create an inflationary pressure, causing prices to rise and the value of the US dollar to fall.

Previous attempts at foreign aid have also caused significant issues. For example, when the US funded military aid to the Mujahideen in Afghanistan during the Soviet-Afghan War, the money was used to create what would eventually become the Taliban.

When the US attempted to prop up the government of Afghanistan in the 1980s, the money wound up in the hands of the Taliban.

Foreign aid spending can have a detrimental effect on the US economy, particularly when debt and deficits are already high. Not only does it put a strain on the budget, but it can also create an inflationary pressure, and previous attempts at foreign aid have often backfired, leading to even more instability in the region.

TOPICS AND TIMESTAMPS:
Trillions and Trillions 0:00
Where Else? 5:33
People Can’t Take It 9:00

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