Too Depressing for Words

So I'll Blog It

A Tale of Two GDPs from the Afghanistan Study Group:
Since 2002 the United States has “stimulated” the Afghan economy to the tune of roughly $56 billion in foreign aid. In the coming year alone, the U.S. will spend over $18.7 billion on reconstruction in a country whose government is projected to collect only $1.7 billion in revenues and whose entire (legitimate) economy was valued at under $17 billion in 2010.

To put this in perspective, President Obama’s ever controversial domestic stimulus package amounted to just 5.5% of U.S. GDP and President Roosevelt’s “New Deal” equalled 5.9% of the economy in 1933. In Afghanistan we are flooding the economy with aid equivalent to 110% of the country’s entire GDP every year.

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