The Cato Institute published a video last week that briefly looks at the costs associated with subsidizing the security of affluent allies of the United States. As the U.S. faces a near $17 trillion national debt, the government pumps billions of dollars into the economy through inflation and the unemployment remains high, taxpayers are forced to pay for the national defense of South Korea, Germany and Israel. Why?
Video: How much does it cost to subsidize wealthy nations’ security?
May 6, 2013 By 1 Comment
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