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timtyler comments on Politicians stymie human colonization of space to save make-work jobs - Less Wrong
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So, the case you are apparently attempting to make is that all resources that could be spent on asteroid deflecting would be better spent on other things. Maybe - but that is far-from obvious. Here is what is currently happening:
http://en.wikipedia.org/wiki/Asteroid_impact_avoidance
I'm not attempting to make that case - at some point (sufficiently low amount of resources) marginal worth of asteroid-avoidance might become competitive.
Right - OK - that's what I was saying. Some people are space cadets - and I figure some of them can probably make useful contributions.
Space has some other possibilities for reducing risks too. For example, communications satellites network the world, make everyone friends - and reduce the chances of war. Of course there's also star wars - but I don't think that space can be simply written off as not helping.