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Could Just 4% of the Wall Street Bailout End World Hunger?

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ecosalon: World hunger seems like one of those grand unsolvable problems – the perennial favorite wish of beauty pageant queens. The truth is, it’s not unsolvable at all.

The United Nations’ Food and Agriculture Organization (FAO) stated that it would only take $30 billion a year to launch the necessary agricultural programs to completely solve global food insecurity. (Severe hunger afflicts 862 million people annually.)

$30 billion sounds like a lot of money, but considering we’ve just bailed out Wall Street to the tune of nearly a trillion, it’s trifling. After I did a little digging, all I could think was…really? $30 billion is all we need to end world hunger? That’s it? I thought such a major goal would require some unreachable, vast sum. Here are six things I learned we’re doing with that money instead.

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Written by mattliving

February 9, 2009 at 10:05 pm

Posted in Economics, World Hunger

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