Let’s play a little hypothetical game. You’re the government official in charge of granting or denying funding requests for new medical treatments. You have twenty million dollars to allot, and two requests on your desk for precisely that amount.
Application #1 would save the lives of 1,000 newborns.
Application #2 would extend the lives of 3,000 seniors.
You can only grant one of them. You can’t split the money — it has to go to one or the other. You have to decide which is a better investment.
Which do you choose to fund?
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