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Sunday, May 14, 2006

WSJ.com - American Generosity

WSJ.com - American Generosity:
"The assaults on U.S. generosity derive from a view that government assistance is the only aid that matters. Even on that count, the U.S. is far from miserly. In 2004 Washington provided official development aid of $19.7 billion, more than runners-up Japan and France put together. Add the benefits of American innovation and military sacrifice and other First World nations are even further behind.

Then there is the charity from the U.S. private sector. In 2004, the latest year for which many numbers are available, Americans -- through schools, religious institutions, companies, foundations and families -- gave at least $71 billion to the developing world, more than three times what the government gave. The index authors say it is impossible to capture all giving, so if they've erred it's on the low side."

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