When if ever did "Throw Money at The Problem:" actually work? Instead of being about 75 percent useless?

Comments

• StrawberryPigtails@lemmy.sdf.org ⁨2⁩ ⁨weeks⁩ ago

  Throwing money at a problem works, when you are actually throwing money at the problem and not at a symptom.

  For me currently, my car is a good example.

  Problem: I need reliable transportation.

  My car is almost old enough to vote here in the US and while it has been a reliable ride now things are starting to fail left and right. I could spend money replacing the parts that break as they break. Or I could simply replace the car.

  My solution: Just replace the car. More expensive short term, but it’ll be cheaper and far less headache long term.

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  • Tiresia@slrpnk.net ⁨2⁩ ⁨weeks⁩ ago

    IMO that’s what the “throwing at” is meant to convey. The person doing the throwing is doing it at a distance and with low accuracy.

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• Kolanaki@pawb.social ⁨2⁩ ⁨weeks⁩ ago

  On a large scale, when has it not worked? All examples I can think of it not working tend to be things like a guy trying to fix a problem in his home, by himself, but has no idea how to do things and keeps spending money on better equipment and parts, but still has a problem because he has no ability to use any of them properly.

  You put more money into roads, the roads get better.

  You put more money into education, children get taught better.

  You put more money into war machines, you get shit that can obliterate all the people in a city without destroying the infrastructure.

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  • scarabic@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Corruption is probably the biggest thing that keeps it from working. Developed countries don’t have the slightest idea what corruption even is. We hear that word in the US and we think “oh dear, bribes!” But in many parts of the world the entire economy is basically spent on greasing every palm, high and low, to keep some regime in power. Whole generations of entire countries have basically gone up in smoke this way. It makes the army’s $400 hammer sound like an absolute bargain.

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    • Kolanaki@pawb.social ⁨2⁩ ⁨weeks⁩ ago

      I’m of the mind that if corrupt people are misappropriating funds, then the money isn’t even reaching the problem it is being thrown at. Money could resolve the original problem, but money likely won’t resolve the new problem of corrupt people stealing the money.

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  • AskewLord@piefed.social ⁨2⁩ ⁨weeks⁩ ago

    Education is a issue on which if fails repeatedly.

    Flooding a school system with money does jack shit if that school is in a poor community where the students and parents don’t value education.

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    • ruuster13@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

      poor community

      So the problem is still poverty.

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• neidu3@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

  Ot works when money can purchase what is actually needed in detail, and the people on the receiving end are competent.

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• Nomad@infosec.pub ⁨2⁩ ⁨weeks⁩ ago

  Im surprised nobody here mentions time. I can do alot of things myself. Like all the things that you can imagine. But my time is limited and I’d rather spend it with my family. So solving something by just spending some money saves me time and several headaches.

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• fisch@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  My renter complained that her dishwasher was broken. Bought her a new dishwasher. Complaints stopped because dishwasher works.

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• mrgoosmoos@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

  • fixing (thing) that you’ve been half assed fixing for ages

  • having the right tools for the job

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• BingBong@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

  I feel like Tesla and SpaceX are examples. An idiot with a lot of money at the helm that buys top talent and can afford constant failures until success comes through. Tesla is back on the way down now but was a success story for this for a while.

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• j4k3@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Throw enough money and THE expert comes to fix the problem.

  Like, my fridge is broken – so I hired the entire engineering research and development department at [company] to solve the issue.

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• Steve@communick.news ⁨2⁩ ⁨weeks⁩ ago

  Every moment of every day, money solves peoples problems.
  It’s kind of amazing how money realy is a problem solving superpower.

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  • FinjaminPoach@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Money is like batteries of performed labour.

    Money is spent to leverage people’s labour.

    Even heads of state - kings, presidents, dictators - need money as the lever to get people to do the work that HoS is directing them towards. Or thugs with guns, but they’re in-turn leveraged via having money.

    It’s kind of important to me that people realise money isn’t “fake”, even when it becomes an abused and broken system. A currency can become worthless but money as a system will always be real.

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  • AskewLord@piefed.social ⁨2⁩ ⁨weeks⁩ ago

    Then why do so many rich people I meet tell me all their problems are much bigger and worse than mine?

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    • Steve@communick.news ⁨2⁩ ⁨weeks⁩ ago

      Because their money already fixed all the kinds of problems you have. They have new problems now. They’re also exaggerating those problems.

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    • FinjaminPoach@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      Rich people problems are stuff that can’t be solved with money

      • how do I fix my inter personal relationships? (Treating others more nicely and talking to others as equals, usually)
      • how do I become more interesting? (Don’t talk about money or fame so much)
      • how do I get my subjects to forget my heinous crimes (sorry Mr President, no dice on that one)

      Or problems we can have too, but they need some thought to solve. When you’re used to throwing money at problems you make others solve your problems for you and stop thinking about them beyond surface level.

      E.g recurring plumbing problems or vehicle problems. Problems we cause for ourselves.

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    • howrar@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

      That must be why they need so much more money than the rest of us.

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• LodeMike@lemmy.today ⁨2⁩ ⁨weeks⁩ ago

  NASA

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• fodor@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

  Finding employees.

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• MrsDoyle@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago

  I’m currently in the midst of throwing money at a problem - car’s brakes corroded after I didn’t drive for three months due to Reasons. I’m desperate to get back behind the wheel - a backlog of car-centric jobs has piled up.

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• RisingSwell@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

  Works at my work. Something broken? Throw money at someone and it’s either fixed or replaced.

  They stopped throwing money so now when a fridge dies it’s just no fridge for a week.

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• scytale@piefed.zip ⁨2⁩ ⁨weeks⁩ ago

  When I lived in a low CoL country, it was pretty convenient to throw money at problems like home maintenance (repairs, cleaning, etc.) instead of doing it yourself. Doing that in a high CoL country isn’t feasible long term unless you’re rich enough.

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  • HubertManne@piefed.social ⁨2⁩ ⁨weeks⁩ ago

    thats kinda how its supposed to work. people learn to do something well and you do the thing you are good at and hire someone to do the stuff you have not learned to do well. It still blows my mind the old tv shows with the milkman, mailman, tv repairman, phone repair man.

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    • scytale@piefed.zip ⁨2⁩ ⁨weeks⁩ ago

      Yeah but what I meant was that it gets to a point that it’s already too expensive to throw money at it that it’s better to learn to do things yourself. For example, a floor tile detached in my kitchen and it pulled up the four tiles around it. Since the tilework existed before I bought the condo and it’s quite old, I instead had the entire living room and kitchen re-tiled, all for $200 (not including materials). If it was in the US for example, I probably would’ve just tried to replace just the 5 tiles by myself.

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• snooggums@piefed.world ⁨2⁩ ⁨weeks⁩ ago

  Never, because when the appropriate amount of money is used they don’t call it ‘throwing money at the problem’. It is a phrase that means something along the same lines as wasting money on a thing instead of doing what is really needed.

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• aeronmelon@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  When the problem is bills.

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• Proprietary_Blend@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Bro. If I had money I’d throw it at you.

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• the_riviera_kid@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  When the problem is lack of money it works everytime.

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• Naich@piefed.world ⁨2⁩ ⁨weeks⁩ ago

  Nuclear bombs, landing on the moon, for two.

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• HiTekRedNek@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  I mean that’s how governments always solve problems.

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• MerryJaneDoe@piefed.world ⁨2⁩ ⁨weeks⁩ ago

  No.

  “Throwing money” implies that the solution was indeed 75% useless. It’s why this expression exists.

  It’s like asking “When is failure a success?” It’s literally not possible for a failure to be successful, that’s why we call it “failure”.

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• AskewLord@piefed.social ⁨2⁩ ⁨weeks⁩ ago

  Throwing money at the problem works when it’s a money problem.

  It doesn’t work when it’s a social problem.

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• bizarroland@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  I was redoing the roof on my house, and I had some family over helping me do that.

  For context, I live in a geodesic dome home, and so it’s not as simple as scrape off old roof, slap on new roof, you also have to account for the angles of the hundreds of triangles that comprise the roof.

  Further, instead of using a cedar shake, which was what was already on there, I decided to use an aluminum shake. The main reason was cost. Cedar shake was going to cost about $10 a square foot, whereas aluminum shake only cost me about $1 a square foot.

  Even though my home is 2600 square foot and in a normal flat roof house that would mean you would have somewhere between 2600 and 3000 square foot to cover because it’s a dome, it curves, you have a lot more wastage and so I was looking at buying about 4000 square foot of shake.

  Going aluminum extended the lifespan of the roof from a 25 year to a 50 year, which is nice, and also cut $30,000 out of the cost.

  However…

  Once we got the old roof off, my family members decided that they didn’t want to do this anymore, and they left.

  So I had to, all of a sudden, call around and find someone else to help me install the roof.

  You remember that $30,000 I saved buying aluminum shake instead of cedar shake?

  That’s what it cost for me to get the aluminum shake installed after the old roof had been peeled off, not counting what I paid my family members for the help that they did provide in the interim.

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• chonglibloodsport@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Works great when the money fire starts burning down!

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• uenticx@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Hosting email and paying for a spam proxy.

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• howrar@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

  Any problem that requires active work to solve will benefit from having money thrown at it.

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• DagwoodIII@piefed.social ⁨2⁩ ⁨weeks⁩ ago

  Where do you get the 75% useless?

  What is a specific situation you’ve seen where it didn’t work?

  Serious, not trying to start trouble.

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  • CheeseNoodle@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Major infastructure projects (in certain countries) tend to turn into infinitely deep money pits due to rampant mismangment and corruption that can swallow the entire budgets of smaller nations and still not get done. They tend to drag down the average.

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    • DagwoodIII@piefed.social ⁨2⁩ ⁨weeks⁩ ago

      I see what you’re saying.

      On the other hand, that’s more about corruption than it is about actually solving the problem.

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• GreenBeard@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

  I ask myself the same question every time a company raises its prices.

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