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Amy
Lv 6
Amy asked in Politics & GovernmentGovernment · 8 years ago

Politics-what business seems pointless for the government to invest in?

I'd have to say the lottery business. For all the money that goes into it, people get too hooked onto it and end up spending alot of money for a slim chance to win anything. The average person spends $150 bucks a year on tickets, which could be spent on more important things. Not mention costs of production, advertising, and manufacturing AND unclaimed awards. Sure, billions of money is generated and there are job opportunities, but if we could trade that business (as in, the money that goes into it) for a more useful product to sell, I think people would be spending more wisely than just wasting at least $150 bucks a year. The money made from lottery tickets seems to vanish just as the money from our pockets. The chance of winning vs how much the actual cost is kinda makes the lottery seem like a waste.

However, if the profit managed to circulate back into the economy for something significant and useful then it wouldn't be such a waste, and the unclaimed money could be used to generate other things to help boost the economy, no?

What about you guys, got any businesses in mind?

Sources-

http://www.wisegeek.com/how-much-does-the-us-profi...

http://money.cnn.com/2012/11/28/news/economy/uncla...

BQ- How was your weekend?

BQ2- First job?

3 Answers

Relevance
  • Anonymous
    8 years ago
    Favorite Answer

    Any business that sells a superfluous product. Like... companies that sell jewelry, high end designer clothes, "luxury" cars, you know, things for the wealthy to buy, there are very affluent companies that have received government bailouts, and that's rather ridiculous. A company that sells cars for 6 figures or something like that doesn't need any government assistance when it could be going towards something far more important.

    And I'm going to get so much hate for this, but the government should also stop giving money to anti-drug companies. All those companies that campaign endlessly to get people to stop smoking, drinking, doing marijuana, etc., are ridiculous. A place filled with people who try to selfishly force others to live their lives a different way than how they want to deserves no funding.

    BQ: Pretty bad...

    BQ2: McDonald's, as you know. Never work there.

  • ?
    Lv 7
    8 years ago

    War.

    We're spending billions of dollars policing the world and we don't need to. We should just let countries like Syria handle their own problems, especially since we have plenty of problems in America.

    The Iraq war cost us over $814 billion dollars and counting. The war in Afghanisan has cost us over $653 billion dollars so far. Both those numbers are going up as I type this.

    http://costofwar.com/

    BQ: Fine.

    BQ2: I haven't gotten a job yet.

    Heads up though, people in here don't answer BQs.

  • 8 years ago

    I think the lotteries are government busineses and promise wealth to local govrnment agencies - believe me, here in Chicsgo, when the Illinois lottery began it was all about 'this will benefit education' and 'this is for better schools' - yeah, right -

    My problem is with frivolous government spending on crazy studies - and these aren't even the craziest of them -

    - $615,000 was given to the University of California at Santa Cruz to digitize photos, T-shirts and concert tickets belonging to the Grateful Dead

    - A professor at Stanford University got $239,100 to study how Americans use the Internet to find love. One of the key findings of this research is that the Internet is a safer, more discreet way to find same-sex partners

    - The National Science Foundation spent $216,000 to study whether or not politicians 'gain or lose' support by taking ambiguous positions

    - The National Institutes of Health spent $442,340 to study the behavior of male prostitutes in Vietnam

    - Approximately $1 million of U.S. taxpayer money was used to create poetry for the Little Rock, New Orleans, Milwaukee and Chicago zoos - the goal of the 'poetry' is to help raise awareness on environmental issues

    - The US Department of Veterans Affairs spent $175 million during 2010 to maintain hundreds of buildings it does not even use. This includes a pink, octagonal monkey house in the city of Dayton, Ohio

    - $1.8 million of U.S. taxpayer dollars went for a 'museum of neon signs' in Las Vegas, Nevada

    - $35 million was paid out by Medicare to 118 'phantom' medical clinics that never even existed. Apparently these phantom medical clinics were established by a network of criminal gangs as a way to defraud the U.S. government

    - $440,955 was spent this past year on an office for former Speaker of the House Dennis Hastert that he rarely even visits.

    - A Tennessee library was given $5,000 in federal funds to host a series of video game parties

    - The US Census Bureau spent $2.5 million on a television commercial during the Super Bowl that was so poorly produced that virtually nobody understood what is was trying to say

    - A professor at Dartmouth University got $137,530 to create a 'recession-themed' video game entitled "Layoff"

    - The National Science Foundation gave the Minnesota Zoo over $600,000 to develop an online video game called 'Wolfquest'

    - A pizzeria in Iowa was given $60,000 to renovate the pizzeria's facade to give it a more 'inviting feel'

    - The U.S. Department of Agriculture gave a group of farmers $30,000 to develop a tourist-friendly database of farms that host guests for overnight 'haycations'

    - The National Institutes of Health was given $800,000 in 'stimulus funds' to study the impact of a 'genital-washing program' on men in South Africa

    BQ: My weekend, as all of them, are about making them as good as I can - this one (yay) excellent -

    BQ2: Cashier when they opened the first 'Jewel Grand Bizarre' in Chicago at Kostner & Grand ----------

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