For U.S. Foreign Aid, Better Strategy is the Answer

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In the Nov. 22 Republican presidential debate, several candidates argued that the U.S. can no longer afford its foreign aid budget. In previous debates, former Massachusetts Gov. Mitt Romney went even one step further, explaining that the United States should not borrow money from China just to give it to other countries as aid. Instead, he argued, we should let the Chinese give aid directly to foreign countries if that is what they want to do. Romney is right to mention China, but he draws the wrong conclusion. China already provides large amounts of aid to countries throughout the developing […]

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