The Federal Government of the United States is not the only level of American government prioritizing Israeli concerns over those of American citizens.
New York, Texas and Florida have purchased more than 150 million dollars in Israeli government debt. This comes as Israel issued 200 million dollars in bonds, seeking to raise funds to prosecute its war against the Palestinians, and American states have purchased nearly all of these bonds.
Despite the fact American state bought nearly all of this debt, none of these investments are especially economically sound. As Israel recently had its credit rating downgraded, and is facing another potential downgrade to its rating in the wake of the conflict with Hamas.
The abovelisted states are not the only states which are irresponsibly spending tax dollars, though.
New Jersey also buys tens of millions in Israeli bonds, despite rapidly declining tax revenues. On top of declining state revenues, the NJ Transit system, one of the most comprehensive public transportation systems in the United States, is facing a serious one billion dollar budget shortfall.
Policymakers in Trenton, the state capital, should be concerned with ensuring that their constitutents have a reliable way to get to work, or to make it to a doctor’s appointment. They should not be buying the bonds of a foreign power.