We Waste Money on Lots of Useless Stuff, So Why Not ...

I was thinking re: a national ID card solely dedicated to limiting voter fraud: we waste money on … you get the idea.

But even if we do engage in massive pump-priming spending, I should hope we’ll remain at least somewhat discerning. What is the bang-for-the-buck of high-speed inter-city rail versus large amounts spent on dedicated bus lanes or a Second Avenue Subway line, etc.? We can’t spend money on everything. Surely we should look to the infrastructure spending, etc., that will deliver the best returns. I mean, is that crazy? This is the trouble with being a Hamiltonian: you’re standing on really unstable ground.