Earlier quoted context omitted.
Wow that's luck - just when I was browsing around I found the perfect analysis on overcoming bias : senior voters and their healtcare - paid for by the majority, but since seniors vote more, they favour the candidate serving their interest - at the expanse of the majority http://www.overcomingbias.com/2012/09/us-politics-of-medicin... Very interesting indeed- it seems to be the simplest pitfall of democracy : when th…
> senior voters and their healtcare - paid for by the majority, but since seniors vote more, they favour the candidate serving their interest - at the expanse of the majority It's difficult to see how this is at the expense of the majority since it's not exclusive: the majority will eventually become members of the beneficial group. I.e., why not have a policy that benefits the elderly since most of us will one day b…
If I were a senior, I could vote in benefits that today would benefit me, but create enough budget pressure that later groups would receive benefits that are worse than what I receive now.