New US Law Obliges Americans to Pay Unlimited Billions to Israel
submitted 5 years ago by voter from (newobserveronline.com)
[–]magnora7 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 5 years ago (0 children)
Well it's a minimum of $3.8 billion per year, for 10 years or more, regardless of what Israel does. So it's basically a guaranteed $38 billion. And that's just the minimum.
Why isn't Trump re-negotiating THIS deal? This deal seems bad for America, this is a lot of money outflowing when we're not getting much in return (unless you're a weapons manufacturer)
[–]voter[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 5 years ago (1 child)
Doesn't the US have a $21 trillion debt?
[–]FormosaOolong 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 5 years ago (0 children)
Indeed, and is only invoked when there is discussion of decent affordable health care, education, housing etc for US citizens.
If it's Israel or the Pentagon, the funds are limitlessly available for some reason :/
[–]voter[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 5 years ago (0 children)
Maybe the debt will be paid off by illegal immigrants, technology, a zero percent tax rate, or magic fairy dust, but the reality is that the US debt is increasing constantly, no one cares, and spending more money to reduce the debt will only lead to disaster.
Debt didn't work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.
Those who fail to learn from history are doomed to repeat it.
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[–]magnora7 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (0 children)
[–]voter[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)
[–]FormosaOolong 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)
[–]voter[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)