Foreign Aid: Success or Failure?

My contention is that foreign aid is a complete and dismal failure, and I shall briefly outline here some of the reasons I think this is so.

During all history, there have been poor nations and rich nations, and various types of “isms,” such as exist today. Our own country, which started as a poor nation, became great and free and respected because, among other basic reasons, of individual initiative, hard work and high integrity; and because, also, we pursued the course suggested by our Founding Fathers, and had a firm but fair foreign policy substantially based upon trade. But today as is becoming increasingly clear, we are resorting to a concept bordering on appeasement, giving away our wealth in a misguided and futile effort to “buy” friends to accomplish the objectives which made us strong and wealthy and free in the first place. We are trying to make the dollar do what it was never intended to do, and making a miserable mess in the effort.

OP

About the Author

Otto E. Passman

Featured Tags

My contention is that foreign aid is a complete and dismal failure, and I shall briefly outline here some of the reasons I think this is so.

During all history, there have been poor nations and rich nations, and various types of “isms,” such as exist today. Our own country, which started as a poor nation, became great and free and respected because, among other basic reasons, of individual initiative, hard work and high integrity; and because, also, we pursued the course suggested by our Founding Fathers, and had a firm but fair foreign policy substantially based upon trade. But today as is becoming increasingly clear, we are resorting to a concept bordering on appeasement, giving away our wealth in a misguided and futile effort to “buy” friends to accomplish the objectives which made us strong and wealthy and free in the first place. We are trying to make the dollar do what it was never intended to do, and making a miserable mess in the effort.