Q:  If a program is directionally correct and politically useful, but ineffective and inefficient with taxpayer dollars, and if you cannot design a better alternative, do you continue it or kill it?

Leave it to an economist to so succinctly convey one of the fundamental questions for politicians.

This came in a post about housing policy, but when I read it I couldn't help but also think of Medicare.

H/T Reihan Salam