Why Aid to Israel Hurts . . . To bail out or prop up every money-losing socialist institution in the country.
Free money is the scourge of Israel s economy.
It is the difference between a free, prosperous Israel and a statist, dependent Israel. Free money consists of unilateral transfers in the national income accounts. Free money is first and foremost U.S. aid to Israel. It reached its present proportions during 1984 1985. In addition to official U.S. aid, free money includes German reparations, individual remittances, and institutional remittances.