You would do well to think your position through. True conservatives actually abhor throwing good money after bad. That is precisely the reason why William F. Buckley, Jr. and Thomas Sowell published op-ed pieces in the late '80s suggesting full drug legalization.
The true problem is that most Democrats and Republicans are Progressive Statists at heart who believe the illusion that they can control everything in pursuit of their imaginary Utopia. All that stands in their way is the Constitution and that pesky Bill of Rights, but they're working to patch those bugs in the system.