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By doing good, we do well.
Our aid is work for the American people.
We need to help companies find profit opportunities abroad, not photo opportunities.
Development is a fundamental part of our national security. It is extreme poverty - the realities of access to water and food - which creates the long-term drivers of our insecurity. Most wars are fought over scarce resources, and that is going to accelerate in the future.
Nowhere is this challenge more critical -- and the need for action more pressing -- than in the Horn of Africa. From Kenya to Ethiopia, Djibouti to Somalia, the devastating consequences of drought, desertification and land degradation are playing out before our eyes. The worst drought in 60 years has placed more than 13.3 million people -- predominately women and children -- in need of emergency assistance.
If we continue on the trend we’re on, we can reduce extreme poverty by more than 60 percent-lifting more than 700 million people out of dollar-and-a-quarter a day poverty and back from the brink of hunger and malnutrition. But if we accelerate our progress from 3 percent annual reduction to over 6 percent and focus on key turnarounds in some difficult countries, we could get a 90 percent reduction. We could essentially eliminate dollar-and-a-quarter head count poverty.