USA Today reports on a new study showing that charitable contributions are at an all‐time high in America. Most interesting, the report also revealed that Americans are far more generous than supposedly compassionate Europeans. Indeed, no nation gives even half as much (as a share of income) as the United States. The French are among the worst misers, giving less than one‐twelfth of what Americans donate, though it is unclear whether this is because they are taxed so much that there is no money left in their wallets or whether they assume that it is now the role of government to solve every social problem:
Americans gave nearly $300 billion to charitable causes last year, setting a record and besting the 2005 total that had been boosted by a surge in aid to victims of hurricanes Katrina, Rita and Wilma and the Asian tsunami. …Individuals gave a combined 75.6% of the total. With bequests, that rises to 83.4%. …the willingness of Americans to give cuts across income levels, and their investments go to developing ideas, inventions and people to the benefit of the overall economy. Gaudiani said Americans give twice as much as the next most charitable country, according to a November 2006 comparison done by the Charities Aid Foundation. In philanthropic giving as a percentage of gross domestic product, the U.S. ranked first at 1.7%. No. 2 Britain gave 0.73%, while France, with a 0.14% rate, trailed such countries as South Africa, Singapore, Turkey and Germany.