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Are Americans stingy?(Indicators)(Brief Article)

The American Enterprise

| September 01, 2005 | COPYRIGHT 2005 The American Enterprise, a national magazine of politics, business and culture (TEAmag.com). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

There has recently been heavy debate over whether the U.S. gives enough financial support to poor nations. The discussion is distorted by the fact that most arguments take into account only the simplest measure of assistance: official government aid.

For Europeans and other "rich" nations, government aid is most of the story. But in the U.S., government aid is the least important way we help. American private charities attacking hunger, disease, illiteracy, and other humanitarian problems spend three times as much across the globe every year as our government does.

And then there are the billions we send to poor countries as private investments. These funds create jobs, power plants, farms, and so forth--and they total more than two and a half times our government aid.

Finally, there is the money (and lives) Americans offer up every year to patrol sea lanes and airways, to improve the professionalism of Third ...

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