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Comment by algorias

In this case, they're vaguely gesturing towards the "money being better spent elsewhere", instead of making a cost-benefit analysis including the time value of money.

Do you see how the argument is overly general? You can use it to shoot down anything that's not immediately useful. It's especially silly at the level of nations, which can obtain money much more easily than a random individual. Cash flow is much less of a problem at that level. The way it's phrased exploits people's tendency of thinking about a nation's budget like their own household budget, only bigger.

parent algorias 2 years ago

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