3 ms·
> Spending billions to combat magic internet money when prescription drug prices are sky-high? I mean that's a rational objection, but I'm not sure it aligns w
by hbrav 6y ago
> Spending billions to combat magic internet money when prescription drug prices are sky-high?
I mean that's a rational objection, but I'm not sure it aligns well with US government spending policy. The US is planning to spend $5B per year on missile defence, which has so far not had a very high kill rate in tests. Maybe $5B for a 30% chance of shooting down a nuclear-armed missile that has a 5% chance of being launched is actually a good deal - I'm not saying that's wrong. But large defence spends to guard against strategic what-ifs is quite common for the US.