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« You Forgot South Korea! | Main | Stingy America, Part IV » December 31, 2004Stingy America, Part IIIWashington Post reports the White House has announced plans to increase U.S. aid committments to $350m for the Indonesian and other tsunami victims. The move comes after public debate and criticism of the original committment, which the White House had claimed was only an initial donation. The U.S. is now one of the largest donors; earlier, countries including Britain and China had pledged larger sums than the United States. Posted by Paul Musgrave at December 31, 2004 03:51 PM CommentsSo, we will borrow another $350,000,000.00 from someone, pay interest on it, and hope inflation bails us out of our dollar denominated debts? Posted by: Anonymous at January 4, 2005 10:36 PM | permalink |
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