Foreign aid is neither a failure nor a panacea. It is, instead, an important tool of American policy that can serve the interests of the United States and the world if wisely administered.

Summary

This quote highlights the nuanced perspective on foreign aid. It suggests that foreign aid is not inherently good or bad, but rather a crucial tool that the United States can use to advance its own interests and contribute to global welfare. The quote emphasizes the importance of administering foreign aid wisely, implying that it should be allocated strategically to effectively achieve desired outcomes. Overall, the quote urges a balanced and thoughtful approach towards foreign aid, acknowledging its potential benefits while also recognizing its limitations and complexities.

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