Is something better than nothing?

I have a piece in today’s LA Daily News:

WHEN it comes to transportation, Angelinos have plenty to gripe about: the nation’s worst traffic congestion, and – with 6 million more people expected to arrive by 2030 – the expectation that those jams will get even worse. Enter the phony fix of Proposition 1B, the $19.9 billion transportation bond. A recent Reason Foundation study revealed that it would take $68 billion in roadway-capacity expansion for Los Angeles to vanquish severe congestion by 2030. Next to that figure Proposition 1B’s promise of $19.9 billion seems small. But isn’t something better than nothing? Not in this case.

More here.