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We often judge our leaders by short term criteria. How much money do we have in our pockets? How much food do we have on our plates?
In fact, I’ve always found a real and direct contradiction between the representative politics of our democracy, and the long-term effectiveness of economic policy. Don’t get me wrong, since 1991 our democracy has struggled to find perfection (and it is still struggling). And don’t get me wrong, our democracy and freedoms are blessings we should never complain about. But there is without a doubt a contradiction between smart economic policies, which take decades to be truly effective, and the short term needs of a politician; to keep their jobs and get re-elected!
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