19 August 2012

What Does $500 Million Buy?

News outlooks reported this week that more than $500 million has been spent on the U.S. Presidential election to date, and it is still more than two months until Election Day. It is estimated that more than $1 Billion will be spent on this presidential election.
     So I got to thinking: "What could $500 million do in the world today?" Here are some ideas:
* Feed 9.2 million malnourished children around the world for 50 days;
* Immunize 29 million children for life;
* Provide clean water for 500 million people in the developing world for 40 days;
* Buy 166 million anti-malatrial mosquito nets in Africa.
(source: NBC Nightly News)
     I have lived and worked in the Developing World (parts of Africa, southern Asia, and Latin America). I am not so naive that $500 million can simply be thrown around in these parts of the world and these problems eradicated. I know it's just not that straightforward.
     Nonetheless, it is shameful that my "home" culture is marked by such obscene spending on political campaigns. And even if 90% of the $500 million might be wasted or misused in the process of immunizing 29 million children, I would prefer to spend it that way. A $50 million investment in children's health in Africa is worth far, far better than $500 million spent on a presidential campaign.

No comments:

Post a Comment