How much "foreign aid" has the U.S. provided since 1776? How much has been repai

  1. Tom Vogler profile image81
    Tom Voglerposted 8 years ago

    How much "foreign aid" has the U.S. provided since 1776? How much has been repaid?

    With all the aid the aid the U.S. has given to foreign countries over the last 240 years, if that money were paid back, even not adjusted for inflation, how much would it reduce the $19.3 Trillion National Debt?

  2. mike102771 profile image69
    mike102771posted 8 years ago

    That is a hard question to answer unless you are an economist with a lot of time of your hands.

    Having typed that the concept of foreign aid is a modern one. From 1776 to 1781 (during the war) (1781 to 1789 we were under the articles of confederation) we weren't in any position to loan or give money to anyone in fact we were in deep debt much like today. After the new government formed under Washington we were fighting each other over taxes to pay for our own government.

    Most of the 18th and 19th centuries were devoted to colonization (including us just ask Cuba, Hawaii and the Philippines) not aiding foreign powers. Yes, we paid bribes not aid.

    One site seems to suggest that our foreign aid did not start until around WWI.

    If we asked for our money back (from the countries that still are countries) I think it would at least cut it in half. Most aid is a gift and not loan and gifted in the idea that this aid would strengthen both us and our friends (frenemies).

  3. wingedcentaur profile image63
    wingedcentaurposted 8 years ago

    Hi Tom Vogler! How's it going?

    The idea behind foreign "aid," is humanitarian. Unless I'm badly mistaken, the idea is not to have it repaid like a loan.

    The second point is this: Michael Collins is quite right to point out that the United States was not in any position to give out foreign aid in the eighteenth century.

    We were still a "developing" country in the nineteenth century. I do know that the United States started loaning money to allies in WWI and WWII.

    The United States and "foreign aid" probably should be dated to 1945, as the United States was trying to create a new world order after the wreckage of World War Two.

    Also, foreign aid was almost always about what is called "export promotion." Anywhere from 70-80 percent of the aid money goes right back to Western/American corporations, who then do whatever development project is required in the aid recipient country.

    Foreign aid is never, ever, ever "free." The "aid" is "repaid" before it ever reaches the hands of the recipient nations----in fact, again, seventy to eighty percent never reaches the recipient nation.

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)