What does the U.S. stand for in the world other than being the biggest military power and the richest country on earth? One thing it stands for is wrapped up in a well-worn term: "foreign aid." Since World War II the U.S. has helped other countries to revive their economies and backstop their military forces in the amount of $40 billion. Not every dollar or even every million dollars of this has been wisely spent, but on the record the program stands as a unique effort in the history of nations of one country's using its power and its...

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