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15-06-2011, 07:56
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#31 | |
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Coffin Dodger.
  
Join Date: Feb 2005
Location: Clayton End owd farts.
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Re: Charity begins-where?
Quote:
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N.L.T.B.G.Y.D. Do not argue with an idiot, they will drag you down to their level and beat you with experience. 
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15-06-2011, 07:57
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#32 |
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Give, give, give member
Join Date: Feb 2005
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Re: Charity begins-where?
Interesting article in the Wall Street Journal.
As well as stating that Cameron will increase Britain's foreign aid to £12 billion pounds by 2014, it goes on to show how little effect it has on actually reaching the poor. It reports that the west gave sub-Saharan Africa some $660 billion in aid between 1960 and 2009, yet GDP per person was only marginally better in 2000 than it was in 1965: $511 compared to $488, when adjusted for inflation. Marian L. Tupy: The British Aid Dilemma - WSJ.com Can't really see how this endless giving is different from what we are told is the reliance on benefits culture we have at home, which the government seem determined to stop.
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'If you're going to be a Kant, be the very best Kant there is my son.' Johann Georg Kant, father of Immanuel Kant, philosopher. |
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15-06-2011, 17:01
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#33 |
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Junior Member+
Join Date: Apr 2011
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Re: Charity begins-where?
If it really was taxpayers money it might not be so bad. But it is not, it is borrowed money.
Tax receipts are something like 25% too low to pay for current state expenditure, and this current shortfall will be added to the already astronomical debt mountain. That is just the state debt, added to that is private debt, which averages tens of thousands per citizen. This aid is borrowed money, and it is being loaded onto the future generation plus interest. |
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