Unlike many senators and representatives, Susan Collins understands the connection between global poverty and U.S. jobs.
Foreign aid is not a gift, but rather an investment. Since World War II all the money given to other countries to aid in their development has been more than repaid in our exports to those countries.
For example, we invested one billion into Taiwan’s economy in the 1960’s and now we make $30.2 billion each year in exports to Taiwan. As a country’s economy is able to develop, the people there go from only being able to buy necessities to being able to afford U.S. products.
Only five percent of consumers live in the U.S. and over half of our exports go to developing countries so it is integral to the protection of U.S. jobs that we use foreign aid as a tool to stimulate economic growth in other countries.
Elissa DeTellis
Portland
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.