Re:What Happens After Prisoners Learn to Code?
by barrkel on Saturday December 14, 2019 @11:20AM
(#21790244)
Long term vs short term incentives.
It's in companies' interests to have a healthy economy with employed workers, with families bringing up the next generation, etc. But that's a very long term perspective relative to the stock market, which would much rather see lower taxes and higher work force participation for the next few quarters.
People voting for public policies are only a little bit better; old people vote for their benefits, middle age people vote against taxes, and young people vote for redistribution when they're aware enough to turn up.
It's in companies' interests to have a healthy economy with employed workers, with families bringing up the next generation, etc. But that's a very long term perspective relative to the stock market, which would much rather see lower taxes and higher work force participation for the next few quarters.
People voting for public policies are only a little bit better; old people vote for their benefits, middle age people vote against taxes, and young people vote for redistribution when they're aware enough to turn up.