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News Link • Israel

American Taxpayers Subsidize Israel’s Prosperity

• original.antiwar.com

Israel’s Jerusalem Post newspaper recently published an article calling Israel “The New Golden Country” for young people from around the world. It reports that Israel boasts an ever-increasing GDP, a strong currency, and “a lower unemployment rate than the U.S.”

The article fails to mention the well over $3 billion a year that American taxpayers have given Israel for years, nor the fact that some of this money has been used to develop industries that compete with U.S. companies, costing thousands of American jobs and adding to the American unemployment rate.

The story also omits the fact that Israel has periodically stolen U.S. technology, hurting the U.S. economy still more, and fails to note that support for Israel has cost Americans in the range of $3-$6 trillion and that these costs continue to escalate.

 

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