Trump: It’s a disgrace we’re sending $85 million to Cambodia and all Americans get is a lousy $600
- Phnom Poon
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Re: Trump: It’s a disgrace we’re sending $85 million to Cambodia and all Americans get is a lousy $600
this is quite outdated i thinknerdlinger wrote: ↑Thu Dec 24, 2020 9:05 pmLoads of ways. Even at the most simple level, if you help get another country functioning and productive then you’ve got someone to buy what you’re selling as well as sell you stuff you want. On top of that, again generally speaking, foreign aid often has strings attached in terms of negotiating favourable trade terms etc.Phnom Poon wrote: ↑Thu Dec 24, 2020 7:51 pmin what ways?nerdlinger wrote: ↑Thu Dec 24, 2020 6:15 pm Pretty much every credible study has shown that foreign aid more than pays for itself.
are they applicable to cambodia?
And yeah definitely applicable to Cambodia, especially when looked at in the context of the PRC’s designs on the country.
It’s why isolationist talk (like the “fund the NHS” mantra that lead to Brexit) is so infuriating to me, because even if you don’t consider it the responsibility of those with wealth to help those without, it’s still in your interests to help. A lot of people don’t seem to understand that it’s not a zero-sum game. Most win-win scenarios involve co-operation not isolationism.
'preferred supplier' strings amount to government subsidies to private contractors
using aid to develop markets is all well and good when you're a principal supplier nation (and can tax the beneficiary companies)
circumspection is called for otherwise
painting that as 'isolationism' and linking 'brexit' is puerile
as with kids, the best 'help' is setting high expectations
encourage them at every step
but only grant privileges when expectations are met, or when serious effort is evident
.
monstra mihi bona!
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Re: Trump: It’s a disgrace we’re sending $85 million to Cambodia and all Americans get is a lousy $600
No, the COVID stimulus isn’t sending $85M to Cambodia
Updated Dec 23, 2020; Posted Dec 23, 2020
By Benjamin Kail | [email protected]
President Donald Trump on Tuesday called the bipartisan $908 billion COVID-19 stimulus package a “disgrace” stuffed with wasteful spending, though the bulk of his complaints actually centered on foreign aid and money for nonprofits and research in the overall year-end spending bill Congress passed to fund the next fiscal year and avoid a government shutdown.
Speaking from the White House and effectively threatening to dismantle months of bipartisan work on a stimulus agreement, the president complained about separate funding including $85.5 million for assistance to Cambodia; $25 million for democracy and gender programs in Pakistan; $1.3 billion for military assistance in Egypt; and tens of millions for research programs and museums that aren’t even open due to the pandemic.
“It’s called the COVID relief bill, but has almost nothing to do with COVID,” the president claimed. “Congress found plenty of money for foreign countries, lobbyists and special interests, while sending the bare minimum to the American people who need it.”
But in fact, those funds are not part of the $908 billion COVID-19 stimulus package, which sends $600 checks to most Americans; extends a weekly $300 unemployment insurance boost through the spring; and provides hundreds of millions in small business loans and helps fund hospitals and schools as vaccine distribution ramps up.
The COVID-19 stimulus was simply one of many bills tacked on to the overall 2021 spending package to close out the congressional session. For details on the COVID-19 relief bill, here is a 29-page summary provided by lawmakers.
Most of Trump’s complaints were actually about the $1.4 trillion, 5,500-plus-page omnibus spending bill, which will fund the federal government through next September. Such bills always include agency funding, foreign aid — which Trump has often derided — as well as investments in research and new regulations or tax policies.
The latest omnibus bill, for instance, includes $23.3 billion to NASA, including $850 million for its project to send humans back to the moon in 2024. NASA sought more than $25 billion overall, according to Space.com.
The omnibus spending bill also included $35 million for programs on sexual abstinence, as well as a tax break for racehorse owners, which rankled members of both parties. The year-end spending bill also provided 3% pay raises for military members and 1% raises for federal employees.
More: https://www.masslive.com/politics/2020/ ... -deal.html
Updated Dec 23, 2020; Posted Dec 23, 2020
By Benjamin Kail | [email protected]
President Donald Trump on Tuesday called the bipartisan $908 billion COVID-19 stimulus package a “disgrace” stuffed with wasteful spending, though the bulk of his complaints actually centered on foreign aid and money for nonprofits and research in the overall year-end spending bill Congress passed to fund the next fiscal year and avoid a government shutdown.
Speaking from the White House and effectively threatening to dismantle months of bipartisan work on a stimulus agreement, the president complained about separate funding including $85.5 million for assistance to Cambodia; $25 million for democracy and gender programs in Pakistan; $1.3 billion for military assistance in Egypt; and tens of millions for research programs and museums that aren’t even open due to the pandemic.
“It’s called the COVID relief bill, but has almost nothing to do with COVID,” the president claimed. “Congress found plenty of money for foreign countries, lobbyists and special interests, while sending the bare minimum to the American people who need it.”
But in fact, those funds are not part of the $908 billion COVID-19 stimulus package, which sends $600 checks to most Americans; extends a weekly $300 unemployment insurance boost through the spring; and provides hundreds of millions in small business loans and helps fund hospitals and schools as vaccine distribution ramps up.
The COVID-19 stimulus was simply one of many bills tacked on to the overall 2021 spending package to close out the congressional session. For details on the COVID-19 relief bill, here is a 29-page summary provided by lawmakers.
Most of Trump’s complaints were actually about the $1.4 trillion, 5,500-plus-page omnibus spending bill, which will fund the federal government through next September. Such bills always include agency funding, foreign aid — which Trump has often derided — as well as investments in research and new regulations or tax policies.
The latest omnibus bill, for instance, includes $23.3 billion to NASA, including $850 million for its project to send humans back to the moon in 2024. NASA sought more than $25 billion overall, according to Space.com.
The omnibus spending bill also included $35 million for programs on sexual abstinence, as well as a tax break for racehorse owners, which rankled members of both parties. The year-end spending bill also provided 3% pay raises for military members and 1% raises for federal employees.
More: https://www.masslive.com/politics/2020/ ... -deal.html
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Re: Trump: It’s a disgrace we’re sending $85 million to Cambodia and all Americans get is a lousy $600
Touched a nerve there I think. Sad to see someone so resentful over such a tiny amount of money.Phnom Poon wrote: ↑Thu Dec 24, 2020 9:19 pm this is quite outdated i think
'preferred supplier' strings amount to government subsidies to private contractors
using aid to develop markets is all well and good when you're a principal supplier nation (and can tax the beneficiary companies)
circumspection is called for otherwise
painting that as 'isolationism' and linking 'brexit' is puerile
as with kids, the best 'help' is setting high expectations
encourage them at every step
but only grant privileges when expectations are met, or when serious effort is evident
- Phnom Poon
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Re: Trump: It’s a disgrace we’re sending $85 million to Cambodia and all Americans get is a lousy $600
you seem to believe that this 'tiny' money will find it's way directly to needy people
and that will lead to mutual benefit, somehow
i don't think that's how it works in reality
help directly with disasters
everything else is systemic
fix the system, not the symptoms
and that will lead to mutual benefit, somehow
i don't think that's how it works in reality
help directly with disasters
everything else is systemic
fix the system, not the symptoms
.
monstra mihi bona!
Re: Trump: It’s a disgrace we’re sending $85 million to Cambodia and all Americans get is a lousy $600
You dont understand how US foreign aid works. The $85 million will be tied to buying only American vaccines at inflated prices. Thus the money immediately comes back to America with a fat profit for American corporations and all others involved. American aid has always worked this way.Phnom Poon wrote: ↑Thu Dec 24, 2020 7:51 pmin what ways?nerdlinger wrote: ↑Thu Dec 24, 2020 6:15 pm Pretty much every credible study has shown that foreign aid more than pays for itself.
are they applicable to cambodia?
Re: Trump: It’s a disgrace we’re sending $85 million to Cambodia and all Americans get is a lousy $600
The disgrace is the Damage the US has done to Cambodia during the Vietnam war and the guts to demand the foreign aid granted to the pre-pol pot gov. back with interest while completely ignoring the damage it has done to Cambodia's People and the Country as a whole.
How the foreign aid of the US works can be viewed reading John Perkin's Book "Confessions of a economic Hit Man" first published in 2004. See:
https://en.wikipedia.org/wiki/Confessio ... ic_Hit_Man
The real disgrace however is how US foreign policy has pushed many poor countries around the world over the cliff since decades after world war 2.
How the foreign aid of the US works can be viewed reading John Perkin's Book "Confessions of a economic Hit Man" first published in 2004. See:
https://en.wikipedia.org/wiki/Confessio ... ic_Hit_Man
The real disgrace however is how US foreign policy has pushed many poor countries around the world over the cliff since decades after world war 2.
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