Apple cleared $100bb predominately selling consumer electronics, should everyone who bought an iPad feel bad for not donating that $600 to cancer research?
Facebook just threw a billion around on a photo sharing company.
Microsoft just threw a billion so it could acquire some more patent ammunition.
Everyday billions and billions of dollars are thrown around to buy all sorts of things, who gets to decide what spending is "right" and what's "wrong?"
>who gets to decide what spending is "right" and what's "wrong?"
None. Noone. Perhaps not wrong. Interesting though.
Sorry guys, guess I kind of ran this one right off the rails. We underspend on medical research proportionally. That was all. I just tried to pick something a little more interesting than the TSA to joust at this time.
Also sorting out the priorities of our society means getting rid of capitalism, and finding a new economic system that works better is (arguably) a harder problem than currying cancer.
I really don't think this is a valid comparison you're making.
I will say, however, that pharmaceutical companies put a tremendous amount of money into researching and marketing treatments for common minor ailments.
But the point is that when we, as a society, allocate resources this way, it is an indication of pathological economic behavior, and we need to find solutions for that.
Mostly I agree with your above point about discretionary government spending though, but it would have been pretty low hanging fruit to just say (once again) that the money spent saving us from terrorists would save a lot more of us from cancer.