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2005-05-12 Africa: North
U.S. Aid To Egypt Is Slowly Reduced
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Posted by Fred 2005-05-12 00:00|| || Front Page|| [2 views since 2007-05-07]  Top

#1 Reducing the seething to a fast simmer, rather than a full rolling boil.
Posted by Seafarious">Seafarious  2005-05-12 00:14||   2005-05-12 00:14|| Front Page Top

#2 Here's a graph of US AID to Egypt over the last 10 years.
Posted by .com 2005-05-12 03:08||   2005-05-12 03:08|| Front Page Top

#3 Well, that was a bust. Dial it up yourself here.
Posted by .com 2005-05-12 03:10||   2005-05-12 03:10|| Front Page Top

#4 Assuming this continued rate of decline, it will take another $40b and 45 years until we stop sending American money to finance Egyptian tyrants, islamofascists, and antisemites (yes, they overlap).
Posted by Kalle (kafir forever) 2005-05-12 04:58||   2005-05-12 04:58|| Front Page Top

#5 Jordan (from .com's link) is an interesting case. US economic aid was more than 10% of GDP in 2003. If a conservative economic multiplier of 3 is used, then US aid contributes 1/3 of Jordan's GDP. If aid from all other sources matched US aid levels (WAG), then US and foreign aid would contribute to 2/3s of GDP. That makes Jordan the international equivalent of the welfare queen.
Posted by ed 2005-05-12 07:46||   2005-05-12 07:46|| Front Page Top

#6 Jordan has been very helpful. Egypt, less so -- but far better under Mubarak than under the Egyption Brotherhood and their ilk.
Posted by too true 2005-05-12 08:04||   2005-05-12 08:04|| Front Page Top

#7 FYI
For Egypt erased 7 billion dollars of debt as an incentive for them to fight with us in Gulf War I
Posted by sea cruise 2005-05-12 08:59||   2005-05-12 08:59|| Front Page Top

#8 From the link .com provided, it isn't clear at all that the aid has been 'declining' over the past ten years, it's just at a low right now in a pattern characterized by peaks and troughs. It was lower in 2001 but higher in 2002.
Posted by Steve White">Steve White  2005-05-12 09:02||   2005-05-12 09:02|| Front Page Top

#9 Pretty damn slow. Pull the plug on this bribe and bomb the f*ck out of them if they get uppity about it.
Posted by BH 2005-05-12 10:05||   2005-05-12 10:05|| Front Page Top

#10 -- That makes Jordan the international equivalent of the welfare queen.--

No, princess. Mexico's the queen.
Posted by anonymous2u 2005-05-12 13:36||   2005-05-12 13:36|| Front Page Top

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