Financial Post | Opinion

A freed Israeli military economy would only propel its economy to new heights

To the delight of Israel’s enemies and the dismay of its supporters, libertarian Senator Rand Paul, a potential Republican contender for the United States presidency, argued while in Israel this week that the U.S. should phase out the $3-billion per year in aid that it provides Israel’s military. Ending this aid along with U.S. aid to all foreign countries — call it the Rand Paul Doctrine — would actually leave Israel better off, he claimed to raised eyebrows.

Criticism was quick, especially from Israel’s supporters in the U.S. Said Senator Bill Nelson: “Israel needs the full assistance of the U.S. It’s the only way Israel can remain secure.” Said the National Jewish Democratic Council: “Senator Paul’s misguided views on aid to Israel are plain wrong.”

In fact, the Rand Paul Doctrine is eminently sensible and should be…

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