3 ms·
That's not an entirely accurate picture. There used to be buckets of economic cash. Total aid to Israel is around $230 billion for the post WW2 era (primarily
by adventured 7y ago
That's not an entirely accurate picture. There used to be buckets of economic cash.
Total aid to Israel is around $230 billion for the post WW2 era (primarily in the 1970-2020 time frame). Of that, $34 billion was economic aid.
In the 1970s and 1980s the US was funding the equivalent of 3-5% percent of Israel's economy directly with economic aid (their economy only crossed over $100b in GDP as of 1995; if you go back to the 1970s and 1980s, they had a relatively tiny economy, so that $34b in economic aid was outsized in relation at the time it was being dispursed).
Israel no longer needs the economic aid they used to, so that component has declined to being routinely zero.