The Problem With Government Issued Foreign Aid - 1844 Words

The Problem with Government Issued Foreign Aid It is widely held that the United States should give money to aid third world countries living in poverty because helping the less fortunate is a strong value in American culture. The U.S. has an interest in helping third world countries escape poverty and elevating them so they may contribute to the growing world-state. Therefore, America believes that sending a big fat check to the governments of these impoverished nations is the best way to help. However, all this gifted money does is create increased third world poverty by feeding corrupt governments and diminishing economic growth. This argument has been in the back of a lot of American’s mind for a while now, and people normally want one of three things. They want to decrease foreign aid, or they want to keep foreign aid the exact same, or they want to spend the same amount of money but distribute it different ways. The last viewpoint is what I want to focus on. Foreign aid needs to be changed into a more productive way for these developing countries to get out of poverty without corrupting their government or hurting their economic growth. Government issued foreign aid first started after the end of World War II when Secretary of State George Marshall sent money to European countries in order to help them rebuild. This assistance helped to strengthen European economies and also stabilize their countries. Then in 1961, President Kennedy signed the Foreign AssistanceShow MoreRelatedLack Of Funding For Education819 Words   |  4 Pagesschooling. User fees may be an important source of funding for individual schools. If school fees are eliminated but government budget allocations to schools are not increased, schools might not be able to make up for the reduced funding. Reduced funding can lead to a reduction in education quality. 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