- nuclear waste, after a period of the order of ~10e2/3 years is only dangerous if ingested. So it's as dangerous as any other poisonous substance after that point. There is no need for radiation shielding from that point.
- nuclear waste is very dense and so physical surface storage is cheap, and a solved problem (see: dry storage casks). We can fix leaks if/when they happen. Waste is concentrated
- current nuclear power stations (light water reactors) burn about 3% of their fuel leaving 97% unused in waste. There are nuclear power solutions which would burn most of the fuel (leaving very little for waste). So if we developed these technologies (see molton salt reactors being one of them) then nuclear waste would no longer be called "waste" as it would suddently become an extremely valuable feedstock for use in reactors.
- related to the prior point: why is it that we think we will not find a use for this very valuable and rare reasource in the future. We should think of nuclear "waste" storage as "rare element storage" which will be very useful under some states of the world. We just don't know how yet.
- as with any technology it should also be compared to the alternative when considering it's fitness: waste from the alternatives is far worse