Felix Salmon argues that logistics are a bigger problem than cash flow at this point. He recommends donating to responsible charities but not mandating where the money goes:
The last time there was a disaster on this scale was the Asian tsunami, five years ago. And for all its best efforts, the Red Cross has still only spent 83% of its $3.21 billion tsunami budget — which means that it has over half a billion dollars left to spend. Not to put too fine a point on it, but that’s money which could be spent in Haiti, if it weren’t for the fact that it was earmarked.
It’s human nature to want to believe that in the wake of a major disaster, we can all do our bit to help just by giving generously. And if there’s a silver lining to these tragedies at all, it’s that they significantly increase the total amount of money donated to important charities by individuals around the world. But if a charity is worth supporting, then it’s worth supporting with unrestricted funds. Because the last thing anybody wants to see in a couple of years’ time is an unseemly tussle over what happened to today’s Haiti donations, even as other international tragedies receive much less public attention.
Charli Carpenter has further thoughts.
(Hat tip: Yglesias)
The Dish 