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To: jxb7076
However, there are many, many other reasons why giving or sending billion dollar packages in the form of US dollars, for example, into small economies is very harmful. For example, you can see why having that kind of money flying into a country makes the government less inclined to raise money through other sources of capital because they have this steady flow of permanent income, what they perceive as permanent income coming in. The government develops what I call a ‘Lazy muscle’ and this breeds dependency which means that governments are not focused on actually building up other sources of capital such as the private sector which is important for growth. In particular it’s no surprise that things like education, healthcare, infrastructure, and even security are now being provided to Africa from outsiders and that leaves a situation where African governments have a questionable role – what is the role for African governments when they are not responsible for those things.

It seems this could just as easily apply to every government/liberal giveaway in the United States as well. It simply breeds laziness and kills any incentive to do something productive with your life.

4 posted on 05/28/2009 12:22:03 PM PDT by Kandy Atz ("Were we directed from Washington when to sow and when to reap, we should soon want for bread.")
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To: Kandy Atz
Imagine you're an African farmer with a small plot of land to till. You borrow money for seed and fertilizer, work hard to raise a crop that is ready to go to market. Your produce will make a profit so next season, the loan for seed won't be necessary.
Just as your foodstuff arrives in the marketplace, 'free' food from the US arrives.
5 posted on 05/28/2009 12:30:14 PM PDT by Eric in the Ozarks
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To: Kandy Atz

Sad, but true! I consider myself a hardworking conservative however, if some gives me what I want after a while I will become dependent with a sense of entitlement. This can be applied across the spectrum from the welfare to the corporate population as we’ve seen with the bailouts!!
Whatever happened to the term “Pull yourself up by your own boot strings”

But that’s just my viewpoint!


9 posted on 05/28/2009 5:40:07 PM PDT by jxb7076
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