ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: MONDAY, March 23, 1992                   TAG: 9203230192
SECTION: EDITORIAL                    PAGE: A8   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short


FOREIGN AID PROFITABLE FOR US

LETTERS berating U.S. foreign-aid policies ignore the facts. Our nation's aid package is an investment and a profitable enterprise, not a burden on U.S. taxpayers.

Seventy percent of U.S. aid funds are spent domestically on U.S. exports and equipment, creating jobs for U.S. citizens. In addition, U.S. aid fosters the Third World's dependency on U.S. products, providing markets for American exports while assuring a continual flow of inexpensive raw materials and agricultural products from the Third World.

Ultimately, for every dollar spent on U.S. foreign aid, $3 is pumped into the U.S. economy. Although the program does little to alleviate the poverty of those in emerging nations, it contributes much to the U.S. economy and the quality of life for the U.S. citizen.

CHARLES H. POFF II

ROANOKE



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