Monday, May 07, 2007

Michael Barone, on one of the sadder truths of today:
The politicians resist fixing Social Security because the short-term costs are well understood by voters and the long-term benefits, while clear to actuaries, are invisible to voters because no one is decrying them with religious intensity. The politicians sprint to address global warming because the short-term costs are unknown to voters and the long-term benefits, while unclear in the extreme to those who rely on science, are portrayed in apocalyptic terms by the prophet Al Gore. Democracy isn't perfect.

No comments: