Why can’t Israel borrow for their own defense? Why must our grandchildren borrow and pay for it?

Vanity ^ | 4/21/24 | hardspunned

[hardspunned]

Israel has a national debt of $310 Billion owed by its 9.6 million citizens. Individually, each Israeli citizen’s share is $32,291. The U.S. has a national debt of $34 Trillion owed by 334 million citizens. Individually, each U.S. citizen’s share is $101,796. All politics aside, why am I, you, each of our children and grandchildren borrowing money to give to Israel when each of us already carries a debt burden three times that of each Israeli citizen?

[Openurmind]

About time someone gives a crap about their own Grandchildren. I am ashamed of the current lack of morality and those who are all in to throw their own Grandchildren under the bus. There is absolutely no moral and justifiable way to make a right out of all this wrong.

[hardspunned]

No, of course not. I’m asking why we are borrowing and giving them money when our national debt per capita is three times that of theirs? Why can’t they borrow their own money?

[Redmen4ever]

Because we lost the 2020 election.

The R’s were going to pay for aid to Israel by cutting the IRS. We had the votes in the House of Representatives. This was back before all the resignations and before the vacating of the chair. But, we didn’t have the votes in the Senate and a veto awaited at the White House.

As frustrating as the last two years have been, see how fast this country turns into Venezuela if the Democrats take over this fall.

[Wuli]

I agree in general and I had proposed that an amendment to the legislation require the funds to come out of reduced spending on Biden’s two big trillion dollar domestic spending programs. But fat chance that was going to pass. However, we are in a minority and if we are in favor with something generally there will be compromises to get it.

[Liz]

Tel Aviv is beautiful. Israel has a well-managed country.

Tel Aviv, is the most populous city in the metropolitan area of Israel. Located on the Israeli Mediterranean coastline and with a population of 467,875, it is the economic and technological center of the country. Tel Aviv is home to most of Israel’s foreign embassies.[b] It is a beta+ world city and is ranked 57th in the 2022 Global Financial Centres Index. Tel Aviv has the third- or fourth-largest economy and the largest economy per capita in the Middle East.

The city currently has the highest cost of living in the world. Tel Aviv receives over 2.5 million international visitors annually.

A “party capital” in the Middle East, it has a lively nightlife and 24-hour culture. The city is gay-friendly, with a large LGBT community.

The tiny state of Israel’s per capita GDP is on par with most Western European nations at $54,660, while in Palestinian territories the per capita GDP is $3789.00.

[virgil]

Favoring one group over another helps keep the people divided like Israel has with PLO vs Hamas. It splits the forces. Last thing they want is for the people to unite on something. The divisions only get worse as they let more and more foreigners in. Eventually the country is going to fall apart.

[mac_truck]

[aMorePerfectUnion]

I’m ready for wealthy nations to stand on their own feet - NATO countries, Israel, etc.

Israel is not poor.

They are supported by wealthy Jewish citizens of the USA.

We are borrowing money to dole out around the world in tens-of-billion dollar increments.

Let them borrow, instead of our kids and grandkids.

[hardspunned]

You’re talking to the wrong the guy on that one. Of course, Ukraine should be borrowing every dime they get from us. Unfortunately, that country has been destroyed and our prospects would be very slim on collecting that debt.

Since we are in agreement on BOTH of those countries borrowing, like we do, for their own defense, how about Taiwan? We’re borrowing to send money to Taiwan when their per capita debt is less than $10,000!!!! That’s one tenth what you and I owe! WTH?!

[hardspunned]

You are right. I just looked at Taiwan and its much worse. They owe per capita 1/10 what we do! It’s just burns me up that we are the chump of the world! Oh yeah, what about the trillions spent on NATO protecting the Euroweenies?

[hardspunned]

You want to really choke, look how the Taiwanese are screwing us.

[hardspunned]

Ding, Ding, Ding! We have a winner. MIC taxpayer welfare.

[Rockingham]

There is debate in Israel as whether they should accept aid from the US. In essence, the US gives a great deal of aid to Arab nations, and then sends a few billion more to Israel to be even-handed about it.

[Openurmind]

“We here will benefit

All the explosives will produce jobs here in the US Army ammunition Plant”

Lol... Well then that makes throwing our Grandkid’s future away Ok.

I am so tired of hearing this ignorant unintelligent immoral type of economics. It is absolutely false. There is absolutely zero profit for we the people or our Grandkids in this. The losses absolutely far far outweigh the profits. It is not rocket science that the short term positive is completely negated by the long term negative costs. In fact twice fold...

The math is extremely simple in the long term. This ideology is stepping over a dollar to pick up a dime.

[Openurmind]

“Just like Ukraine “Aid”, and so many other scams to keep the Defense Contractors making $$$$, and laundering money for the Deep State.....”

Yep, pure and simple truth.

[af_vet_1981]

Yes, why limit this to Israel and not all foreign aid?

He always posts anti-Israel screeds.
You have guess as to why he is posts like this here.

There is a pandemic of evil sweeping the world. Every soul is being tested.

[hardspunned]

Sorry, you are right. I should have expanded this question to all the countries playing us for a chump. After I posted this and had similar replies to yours I looked at Taiwan. Much, much worse, per capita, less than $10,000! Thanks for the input.

[Vermont Lt]

While i agree in principle…at least mostly, our nation has become the worlds largest economy and strongest nation by protecting our friends and our interests. It has become a hole that is almost impossible to dig out of.

Our much larger problems have to do with wasteful military spending (they cannot pass a simple audit—something every manager has experienced and mostly survived); we do not collect enough tariffs; and we have a tax and spend poilicy that does not consider results.

People say they want a government that runs like a business. Well, if that is the case they need to study business:

1. Pass Audits and manage to a budget.
2. Establish specific goals for every dollar spent—what is to be accomplished and what does success look like in specific, measureable ways.
3. We have to constantly review hiring and “right sizing” to make sure the workforce is efficient.
4. Civil Service and Military Retirements should be examined and right sized.
5. Protect our markets and access to foreign markets through the effective use of tariffs and incentives.
6. Re-create the Social Security System. Protect those within the system who cannot “change” at this stage-but make it more reasonable and efficient for those entering the system. Max out payments out of the system, extend contributions for high earners.
7. Establish a flat tax that insures that the first dollar for every worker is included: Everyone has to have some skin in the game. Having an income tax system that excludes an awful lot of people is not fair to the country.

Once we do that stuff—or some of it—we can start to right the ship.

But, almost none of that will happen because our leaders don’t love our country enough to suggest that it is fat, lazy, and has cancer. Instead, our leaders give us sugar and metaphoric cigarettes.

Foreign aid is a tiny part of the problem. You could stop it all and very little would change financially—but the impacts to our overall economy would be horrible.

[hardspunned]

Thanks for the input, Karen. Go ahead and parse away. That aside, doesn’t it bother you that we are borrowing for Israel, Taiwan, the Euroweenies, everybody, when their debt ratios are much better than ours?

[af_vet_1981]

Lol, he says on a political forum. Your irrational hatred of Israel has rotted your brain.

Heart, mind, and soul;

Let's pretend that it was posted on the Religion forum by a Philistine who has forgotten about the Ammonites:

1. The word of the LORD came again unto me, saying,
2. Son of man, set thy face against the Ammonites, and prophesy against them;
3. And say unto the Ammonites, Hear the word of the Lord GOD; Thus saith the Lord GOD; Because thou saidst, Aha, against my sanctuary, when it was profaned; and against the land of Israel, when it was desolate; and against the house of Judah, when they went into captivity;
4. Behold, therefore I will deliver thee to the men of the east for a possession, and they shall set their palaces in thee, and make their dwellings in thee: they shall eat thy fruit, and they shall drink thy milk.
5. And I will make Rabbah a stable for camels, and the Ammonites a couchingplace for flocks: and ye shall know that I am the LORD.
6. For thus saith the Lord GOD; Because thou hast clapped thine hands, and stamped with the feet, and rejoiced in heart with all thy despite against the land of Israel;
7. Behold, therefore I will stretch out mine hand upon thee, and will deliver thee for a spoil to the heathen; and I will cut thee off from the people, and I will cause thee to perish out of the countries: I will destroy thee; and thou shalt know that I am the LORD.