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the main problem is putting democratically elected politicians in charge of state finances - of course they are going to get as large an immediate payout as pos
by sbmassey 12y ago
the main problem is putting democratically elected politicians in charge of state finances - of course they are going to get as large an immediate payout as possible, and not worry about the long term consequences: that is exactly what you would expect from someone on a four year election cycle.
- jasonwocky 12y agoI don't think that's true in and of itself. The election cycles have been 4 years since the founding of the country, but this level of short-term thinking has, I think, gotten worse over time. Personally, I think it has to do with how quickly information can be transmitted nowadays, coupled with less trust in government than there was a generation or two ago. But maybe I'm wrong and someone with a firmer grasp of history can correct me by showing that this has always been a problem.