Wednesday, September 29, 2010

Excellent Question

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

Posted via email from rhymeswithclown's posterous

1 comment:

D said...

Easiest question of all time.

Kill it. Let consumers, in other words the free market, decide how to fix the problem.

In the words of Dr. Nerenz, thats the answer. Whats the question?