The United States is sometimes viewed as the richest country
in the world, though countries from Switzerland to Saudi Arabia have higher
standards of living and offer their citizens better health care and longer
lives. The economy of the United States is also growing more slowly than many
of the up and coming nations of Asia. America should definitely pay its share
of foreign aid, but the day has passed when the Marshall plan helped rebuild
Europe with American dollars. We cannot afford to give more aid.
Yes, since right not the US is so deep in debt that we will not be able to come out of if for a very long time, that we should stop sending a lot of things to help out the other countries, since we need to start helping ourselves here.
America should spend less on foreign aid because we do not have the money to give to other countries. America has such a large national debt that we are just putting too big a burden on our kids and grandkids to keep going into debt in order to give aid to other countries.
In the last decade, America's role as a destabilizing agent on the global scene has become increasingly clear. Through covert assassinations, open warfare, and climate disrupting emissions, the US is bringing much of the world into a state of turmoil. It is America's responsibility to take care of the populations it is undermining. Such aid,however, needs to be something different than it has been promoting in the past, with its ties to the debt creating World Bank and harmful genetically modified food aid.
Foreign aid spending by the U.S. is a very small percentage of the national budget and tends to pay dividends for us in the future. That is not to say that it cannot be better spent on allies and spent less on lost causes. Foreign aid spending should not be a debate about amount, but about wise allocation of existing funds.