Well Spent Money?

Take a look at what the world spends its money on and analyze the value. Do we spend our money wisely?

I watch the news daily and see where some spend their money….like statues representing past heroes, leaders, generals, presidents, etc. Millions of dollars are invested in granite artworks. Is this wisely spent money? What other projects could have been funded with this money? How about ecology or medical science? Would this be a wiser choice?

Let’s look at space exploration and the billions spent there. Do we need to travel to other planets and galaxies? The Earth will exist for 4.5 billion years into the future when the Sun will burn it up after it turns into a Red Giant. Otherwise it should remain a stable planet where life can flourish. Investments could be made to make the Earth inhabitable for the next 4 billion years. If there are climate changes, we can invest in technology to address the changes. Humans can adapt. Investments in clean air, water and food would increase the chances for life on Earth for millions or billions of years. Living on other planets is an extremely difficult objective and will cost billions or trillions of dollars. Earth is the best investment for humans by far.

Here’s the real “black Hole” for cash….military weapons. People cannot live peacefully on this planet and so must invest heavily in weapons. The U.S. spends over $600 billion on defense….$130 million fighters, $3 billion warships and submarines, $400,000 small rockets and missiles, $2-3 million tanks, $15,000 50 BMG sniper rifles, etc. More money is spent on destroying life than preserving it. Is this alright? I saw a video of an attack in Iraq where multiple Hellfire missiles were launched into an old building where terrorists were hiding. I think 3 missiles were fired into the building to kill about 5 enemy soldiers. Hellfire missiles are about $70,000 each. So it cost $210,000 to kill 5 enemy targets. I think the Iraq war cost the U.S. about $1.1 trillion. Where else could we have spent this money? Maybe on food production or healthcare or renewable energy? Check out Soylent when you want to read an interesting topic on better nutritional food. Soylent is the perfect food for humans and it’s synthetic. It’s a powder that is mixed with water or milk to provide the perfect meal. Wouldn’t you rather spend more time doing something else than cooking and cleaning up? Or grocery shopping? I would.

When are we going to stop burning oil? It pollutes the air and ground and is toxic to humans. Why are we still using oil? That’s easy…money. Oil makes billions for the oil companies and they don’t want to stop. Renewable energy is not nearly as profitable as oil so no one will invest heavily in it. Solar cells have not changed in 40 years. The oil companies are blocking it. They buy any company that jumps into renewable energy. There are huge gas taxes in every U.S. state. It’s over $1.00/gal. So where does this money go? Each state collects it but what do they do with it? Repair roads? I’m not so sure about that. Most roads and bridges are falling apart and there aren’t enough freeways to support traffic in most states.

Tobacco taxes are another fund that seems to disappear into thin air. Where is that money spent? Does it go to medical research? Or does the government spend it on useless projects that provide them with a kick-back?

Why would a city build a light-rail transit system that does not collect enough revenue to pay for its use/maintenance? It looses money every year. This just does not make any sense. The project cost around $300 million. It’s daily operating expenses exceed it’s fair revenue. Was this $300 million spent wisely? Were there other projects that would have been more beneficial to the residents?

…who’s running the country?