Astral Codex Ten Podcast Money Saved By Canceling Programs Does Not Immediately Flow To The Best Possible Alternative
Feb 10, 2025
The discussion highlights PEPFAR’s remarkable success in providing AIDS drugs to Africa, saving millions of lives. Ethical dilemmas arise about prioritizing aid for Americans versus foreigners. Listeners are prompted to ponder if canceling such programs leads to better domestic alternatives. The complexities of budget allocation are unpacked, revealing the bureaucratic challenges that hinder effective fund reallocation. Ultimately, it addresses the paradox of government spending, questioning whether canceling the best programs truly leads to better outcomes.
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PEPFAR's Impact and Funding
- PEPFAR, a Bush initiative sending AIDS drugs to Africa, has saved millions of lives.
- Cancelling it wouldn't redirect funds to the best domestic program.
Federal Spending Inefficiency
- Cancelled PEPFAR funds would likely go into the general federal spending pot.
- This pot funds programs like the Broadband Equity and Deployment Program, which has yet to connect anyone.
Government Spending Effectiveness
- Government spending isn't perfectly efficient, nor completely random.
- New funds likely go to programs between average and worst effectiveness.