When you think about growing the U.S. economy, many ideas come to mind. Ending global poverty is not usually one of these ideas.
It may seem rather counterintuitive to give other countries money in the form of foreign aid in order to make more money for our own economy. However, The Borgen Project, an innovative nonprofit working to make foreign aid a priority of the United States government, is educating people on how helping our economy is possible through the reduction of global poverty.
By raising people from living on less than $2.50 per day, as more than 3 billion people do, to living and working as middle-class citizens, we will be creating more consumers for U.S. produced goods. A family living in poverty would not be able to consume many goods; however, a middle-class family would be able to consume many more exports from the U.S., such as soap, appliances and cars.
This is not just theory. There has been actual proof that by giving foreign aid we will be making a long-term investment in our own economy. Eleven countries, including as Germany and South Korea, of our top 15 exporting countries were once receivers of U.S. foreign aid. Additionally, many of the top U.S. companies, including Walmart, Nike, General Electric and Kellogg, have shown their support for foreign aid and protecting the International Affairs Budget. By making a simple call or sending an email to your congressmen and women, we can help to improve our economy by improving the lives of others.