Editor,

Investments are something we all engage in, whether it’s a retirement plan, a vacation fund, stocks, crypto or simply investing in ourselves, through learning new skills or hobbies. One aspect that I feel goes underrepresented is investments in people, increasing well-being and opportunity for everyone. The largest barrier to universal well-being is poverty, a systemic lack of investment in people in all parts of the globe. When we address the deeper issues that are causing poverty, the return on that investment in people is significant.

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(4) comments

Terence Y

Louis, I think you forgot to submit the rest of your letter - the part where you provide numbers on the “significant” return. In this truncated letter, there aren’t any details on the “benefits everyone involved” part.

Dirk van Ulden

Dear Louis - the post WWII foreign aid was designed to help devastated economies back on their feet. Mexico, was not an ally, and did not receive such funds. Also, the recipients were responsible parties that made sure that little was diverted into Swiss bank accounts. One cannot say that about our ore recent largesse that ends up in unintended pockets. The current oblivious administration is just making sure that history will repeat itself, the funds remain in the US with the industrialist Biden cronies, likely not mitigating poverty in the designated countries. Don't fool yourself.

John Baker

To be a little more precise: Its contributions were small, bur Mexico was indeed an ally in World War II and (with Brazil) was one of only two Latin American countries to send combat forces overseas. And that's not even counting about 200,000 Mexican citizens who enlisted in the US military.

edkahl

Agree - we need better ways to ensure the money ends up in the right hands and not Swiss Bank Accounts.

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