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Cake day: September 25th, 2025

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  • Yes. For those who consider it wasteful spending, consider that a lot of problems are not fixable by just throwing more money at them. There’s a saying that “9 women can’t make a baby in one month” even though 1 woman can in 9. Many ills of society are as much about political/social motivation, entrenched opponents/regulatory capture, NIMBYism, etc and not problems that you can fix just by spending more. There’s also the concept of a “marginal dollar” - spending one more dollar in an important area that already has a lot of money (and has problems that aren’t really addressed by just having more money) may not be as impactful as a less important area where that dollar would go a lot further.