A report by Brown University’s Watson Institute reveals that since the beginning of the war, the US has spent more than $22 billion on military aid to Israel - from weapons and equipment to the deployment of aircraft carriers. Israel receives more U.S. military aid than any other country and is uniquely able to use that funding to spend on domestic goods.

The total amount of American aid since the start of the war is about NIS 85 billion ($22 billion) based on an average exchange rate by the Bank of Israel over the past year. Most has been delivered but about $5.2 billion will only arrive next year. According to official estimates from the Bank of Israel, the total cost of the war is estimated to be about NIS 250 billion ($65 billion), including around NIS 118 billion ($31 billion) for military costs including army operational costs, replenishment of military equipment, ammunition, and logistical support. Therefore, by a simple calculation, the U.S. has been funding about 70% of the war effort.

  • Damage@feddit.it
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    2 months ago

    Just like post-WWII Europe with the Marshall plan, the “miracle” development of Israel, even outside of arms spending, is based on American money

    It’s so easy, if they just diverted half of their military spending to development funds, the world would be on its way to post-scarcity everywhere, and there would be little need for armies. But they’d risk losing top-dog status, and that can’t be allowed.