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January 23, 2014 01:52 am GMT

An Open Letter From Bill Gates

Bill-gates-letter

Melinda and I published our latest Annual Letter this week. It’s a bit of a departure for us. Unlike the past five letters, this one isn’t about the foundation’s work. Instead, we decided to take on some of the myths — about poverty, overpopulation and foreign aid — that are blocking progress for the poor.

For example, many people think development aid is a large part of rich countries’ budgets, which would mean a lot can be saved by cutting back on it. When pollsters ask Americans what share of the budget goes to aid, the average response is 25%. When asked how much the government should spend, people tend to say 10%.

For the United States, the actual number is less than 1%. Read more...

More about Bill Gates, Bill Melinda Gates Foundation, Us World, Social Good, and Us

Original Link: http://feeds.mashable.com/~r/Mashable/~3/mLeAVitur8E/

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