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February 2, 2011
The Deal
The deal struck at Camp David in 1978 was, very roughly, that, in return for no more war, the U.S. would give Israel $3 billion per year and Egypt $2 billion per year, or $50 per Egyptian per year.That wasn't bad money back then. But the payoff hasn't gone up since then. And the population of Egypt has doubled, so now rather than $50 per Egyptian per year in 1978 dollars, the bribe is now $25 per Egyptian per year in crummy 2011 dollars. -- Steve Sailer
Posted by Vanderleun at February 2, 2011 11:23 AM. This is an entry on the sideblog of American Digest: Check it out.