Wednesday, September 14, 2005

Marshall Plan: Freer Markets Restored Europe

Click here for the full text of the NCPA statement

"# Since World War II, the U.S. alone has poured out $1 trillion -- in today's dollars -- in aid to countries around the world.

# According to the United Nations, 70 aid-recipient countries are poorer today than in 1980, and 43 are worse off than in 1970.

# Over the last 30 years, the U.S. has spent the 1997 equivalent of about $6 trillion to fight domestic poverty -- but the poverty rate remains largely unchanged."

I suspect these figures bode ill for the success of U.S. efforts in Iraq and in the aftermath of Katrina.

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