Wealth of U.S. Citizens being drained by its Foreign Policy

0
A plane flies in the sky with the U.S. national flags in the foreground in Washington, D.C., the United States, on July 21, 2020. U.S. President Donald Trump said Tuesday afternoon that the coronavirus pandemic in the United States will probably "get worse before it gets better." More than 3.8 million people in the United States have infected with the virus, with more than 141,000 deaths, according to a count by Johns Hopkins University, as some states, including Florida, are seeing a surge in cases. (Xinhua/Liu Jie)

The foreign policy of the United States is not concerned with the well-being of its citizens and is an immense waste of wealth, an article of the Pearls and Irritations, a journal platform in Australia, has argued.

Noting that U.S. foreign policy has been “hacked by big money,” Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University in the United States, wrote in the article titled “U.S. foreign policy is a scam built on corruption” that “the American people are losing big.” “The failed wars since 2000 have cost them around 5 trillion U.S. dollars in direct outlays, or around 40,000 dollars per household,” Sachs said, adding that the costs continue to mount.

U.S. military-linked outlays in 2024 will come to around 1.5 trillion dollars, or roughly 12,000 dollars per household, if direct Pentagon spending, the budgets of intelligence agencies, the budget of the Veterans Administration, the nuclear weapons program, military-linked “foreign aid” and other security-related budget lines are added, he noted. Americans must overhaul the broken, corrupt and deceitful foreign policy of their government, the U.S. scholar said.

Send your news stories to newsghana101@gmail.com Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here