December 29th, 2017

A Trump Christmas Carol

Economics & Politics

At the behest of the US, the UN regular budget for 2018-2019 has been reduced by $285 million per year. But the world receives an astounding return on its investments in the UN, and member countries should be investing far more, not less, in its organizations and programs.

This Christmas, America’s gift to the world was a $285 million cut in the United Nations’ regular budget. Technically, the UN regular budget reflects a consensus decision of the body’s 193 member states, but the United States was clearly the prime mover in pushing for the cut. Indeed, Nikki Haley, the US ambassador to the UN, accompanied the Christmas Eve announcement with a warning that the US would be on the lookout for further reductions.

Read more on Project Syndicate.


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