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The minimum voting age is as ridiculous as a maximum voting age. The system exists to deliver what older voters want.

by fundad 3y ago

slily 3y ago
At the risk of offending a neo-Marxist, children have underdeveloped brains and lack life experience or wisdom. They are not equivalent to adults and the minimum voting age is not arbitrary. Unfortunately, young adults, not unlike children, don't seem to have much awareness about the issue of this unsustainable ballooning debt, and as a group, are happier to demand more entitlements (such as UBI) than to call for austerity to get it under control. It's the opposite of what you want, unless your plan is to milk the country dry and leave it to die. Older voters are actually more likely to favor lowering spending, though of course they wouldn't vote against their own interests (e.g. cutting social security benefits).
- fundad 3y ago
  I’m not offended that we act as if someone aged 17 and 11 months is definitely unfit in a way that could never be the case after age 18. If that were true then only a minimum voting age is required. In reality I can drag my great grandfather to the polls and vote for him so you should be able to vote for your kids. Who is more impacted by government than parents or people caring for ailing parents?
  - deleted 3y ago
    [deleted]
  - candiodari 3y ago
    Perhaps it's more to the point that your problem wouldn't be solved by lowering the voting age, as that would still not give you a perspective tens, hundreds ... thousands of years into the future. You'd have to get people to vote 1000s of years before they're even born.
- deleted 3y ago
  [deleted]
- imtringued 3y ago
  If you do austerity you get Europe. All the people glorifying capitalism don't see that Europe is a bonafide example of diligently following neoclassical economics maxims. The end result? The interest rate drops below zero in the debt brake country (Germany). Banks are scared of passing the costs onto depositors because they fear their customers withdrawing their money as cash. Now what? Are you going to eliminate cash? Are you going to introduce an exchange rate vs cash? What mechanism do you propose for creditors to spend off their savings so that it is mathematically possible for the rest of the economic sectors including the public sector to pay off their debts and shrink the money supply? What are you going to do about the constantly declining money velocity that, apparently, requires a constant expansion of the money supply? The problem is that most of these things are defined by mathematical identities and cost benefit structures. Unless you assume some omnipotent market participants with infinite capacity to track everything akin in power to a hypothetical central planner, these problems will stick around and your feelings or sense of justice about what is right or wrong won't matter. The empirical evidence is that interest rates have been declining for 800 years and that we have basically reached the end of positive real returns. Go ahead and do more austerity and lower the interest rate even further.

The minimum voting age is as ridiculous as a maximum voting age. The system exists to deliver what older voters want.

by fundad 3y ago

The minimum voting age is as ridiculous as a maximum voting age. The system exists to deliver what older voters want.

At the risk of offending a neo-Marxist, children have underdeveloped brains and lack life experience or wisdom. They are not equivalent to adults and the minimum voting age is not arbitrary. Unfortunately, young adults, not unlike children, don't seem to have much awareness about the issue of this unsustainable ballooning debt, and as a group, are happier to demand more entitlements (such as UBI) than to call for austerity to get it under control. It's the opposite of what you want, unless your plan is to milk the country dry and leave it to die. Older voters are actually more likely to favor lowering spending, though of course they wouldn't vote against their own interests (e.g. cutting social security benefits).

fundad 3y ago
I’m not offended that we act as if someone aged 17 and 11 months is definitely unfit in a way that could never be the case after age 18. If that were true then only a minimum voting age is required. In reality I can drag my great grandfather to the polls and vote for him so you should be able to vote for your kids. Who is more impacted by government than parents or people caring for ailing parents?
- deleted 3y ago
  [deleted]
- candiodari 3y ago
  Perhaps it's more to the point that your problem wouldn't be solved by lowering the voting age, as that would still not give you a perspective tens, hundreds ... thousands of years into the future. You'd have to get people to vote 1000s of years before they're even born.
deleted 3y ago
[deleted]
imtringued 3y ago
If you do austerity you get Europe. All the people glorifying capitalism don't see that Europe is a bonafide example of diligently following neoclassical economics maxims. The end result? The interest rate drops below zero in the debt brake country (Germany). Banks are scared of passing the costs onto depositors because they fear their customers withdrawing their money as cash. Now what? Are you going to eliminate cash? Are you going to introduce an exchange rate vs cash? What mechanism do you propose for creditors to spend off their savings so that it is mathematically possible for the rest of the economic sectors including the public sector to pay off their debts and shrink the money supply? What are you going to do about the constantly declining money velocity that, apparently, requires a constant expansion of the money supply? The problem is that most of these things are defined by mathematical identities and cost benefit structures. Unless you assume some omnipotent market participants with infinite capacity to track everything akin in power to a hypothetical central planner, these problems will stick around and your feelings or sense of justice about what is right or wrong won't matter. The empirical evidence is that interest rates have been declining for 800 years and that we have basically reached the end of positive real returns. Go ahead and do more austerity and lower the interest rate even further.