https://www.nasa.gov/press-release/goddard/2018/mars-terrafo...
https://www.nasa.gov/press-release/goddard/2018/mars-terrafo...
We spent $700 billion a year on the defense budget, and $7 trillion on wars, $1 billion on inspiring stunts like moon landings or mars landings once a generation, are not really a waste, the money is mostly spent on earth, dual use technology comes out of it, and it opens the possibility of space tourism, not to mention just cheaper launch capabilities (driven by the need to send a million tons to Mars) also benefit building a better space-based asteroid/comet defense system too.
That's because they are framed as a more immediate existential threat. Humans are present biased and don't like to spend lots of money on low-probability events until they are unavoidable (see: attitudes towards pandemic preparations in 2019).
If an actual high probability ELE asteroid collision was detected, people would get their shit together real quick. Or maybe not, the COVID crisis has shattered my faith. I'm sure a bunch of people would claim the asteroid prediction is a NASA scam to install socialism or something.
Perhaps there aren't any better alternatives, but I'd think that orbital mirrors at least would be an option (like the soletta from Kim Stanley Robinson's Mars trilogy), though the scale of construction would be beyond anything that's been done before even if it were extremely thin. Placing a million square miles of mylar into space doesn't sound like an easy problem, though something much smaller and specifically focused at, say, the equator or specific sites might be more practical.
I'm not one of those "why spend money on space when humans are starving on Earth" people.
My point was more about the actual technology required to terraform a planet. Why talk about terraforming Mars when our own would be saved by the same non-existent tech.