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Here’s What Israel Is Really Costing American Taxpayers

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By John Tiffany
American Free Press

IT IS OFTEN REPORTED THAT ISRAEL receives about $9.2 billion every year in the form of economic aid from the U.S. government, but there are many billions of dollars more in hidden costs and economic losses lurking beneath the surface. A recently published economic analysis concluded that U.S. support for the state of Israel has cost U.S. taxpayers nearly $3 trillion. About 60 percent of those costs (about $1.7 trillion) arose from the U.S. defense of the ever-expanding Israeli empire.

Support for the empire comes to $1.8 trillion, including special trade advantages, preferential contracts, or aid buried in other accounts.

In addition to the financial outlay, U.S. aid to Israel costs some 275,000 American jobs each year. The trade-aid imbalance with Israel is between $6 billion and $10 billion. The largest single element in the costs has been the series of oil-supply crises that have accompanied the Israeli-Arab wars and the construction of the Strategic Petroleum Reserve. These have cost the U.S. $1.5 trillion, excluding the additional costs incurred since 2001.

The cost of supporting Israel increased drastically after the 1973 Israeli-Arab war. U.S. support for Israel during that war resulted in additional costs for the American taxpayer of between $750 billion and $1 trillion. When Israel was losing the war, President Richard Nixon stepped in to supply the Jewish state with U.S. weapons. Nixon’s intervention triggered the Arab oil embargo, which cost the U.S. as much as $600 billion in lost GDP and another $450 billion in higher oil import costs.

Read the rest here.

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Written by crimethink3r

September 10, 2009 at 4:52 pm

2 Responses

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  1. could you cite some sources for these numbers? how can you lump the war into Israel costing tax payers money?

    Timmy K

    September 10, 2009 at 4:58 pm

    • Please refer to the original location of the article by clicking the link at the bottom of the post.

      crimethink3r

      September 10, 2009 at 8:12 pm


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