How can America help Japan if America is in debt financially?
isn't it a little stupid for America to make people send money for help when America is in this recession?
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1 :
The US is providing assistance mostly in the form of direct aid provided by the US military already stationed in Japan. I don't know of any other mandatory contributions US citizens are being forced to make. The global economy is so interlinked that a disaster in one nation has a direct effect on nearly all other nations. Japan has the third largest economy in the world and contributes a large share of the world's GDP. In this case, helping Japan is only helping ourselves too in that it will speed the resumption of normal economic activity. That aside and most importantly, Japan is inhabited by human beings who need help. Anyone with morals would see the need to offer assistance in any way possible. Some things are simply more important than money ( a lot of things actually!). The Japanese government DID offer and provide assistance to the US for the Katrina disaster in New Orleans. Japan's public debt is more than twice that of the US's in percentage of GDP terms. I say we owe them one.
2 :
The U.S. government will probably send rescue aid via the military and through other means. The Obama-led government will just print more money and devalue the dollar like they have been and not worry about it even though we are headed towards an economic catastrophe if this continues.
3 :
Isn't it also a little stupid that a 600 dollar accessory, called the Ipad 2, sells out the weekend it comes out, right when this happens? People do have money they clearly don't need for themselves. Not everyone is in this situation. But there are plenty of people who have money to spend. 270 million dollars spent for an accessory in one weekend I think proves that.
