Statistically One Vote Doesn’t Make Any Difference
Politicians know better than to talk about real issues. Instead, they argue about which one goes to church more often...or who is best able to fight "terrorists"...or whose taxes will be raised. Of course, they might want to talk about the real threats to the nation, but they know the voters wouldn't stand for it.
"Who are you going to vote for?" asked a well-meaning friend from New Zealand.
"Vote...I never vote."
"Why not?"
"Statistically, it is a waste of time," we explained. "Barack Obama will be elected Grand Wizard of the Ku Klux Klan before my vote makes any difference in a presidential election. But there's a moral reason too. Suppose my man wins? Then, I bear some responsibility for what he does. I have no idea what he might do...and no control whatsoever over him..."
"But isn't this an important election?"
"Maybe, maybe not. Economically, the cake has already been baked. The next president isn't going to like it very much. And he'll do all he can to avoid having to eat it. All these rebates and bailouts - I suspect that we haven't seen anything yet. Whoever is elected...we're probably going to see $1 trillion deficits...and the collapse of the dollar, along with the post-Bretton Woods financial system..."
"Oh..."
Until tomorrow,
Bill Bonner
The Daily Reckoning Australia
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About the Author
Best-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.
Comment by Coffee Addict on 8 July 2008:
Compulsory voting (UK, NZ & Australia) leads to statistically better (if imperfect) outcome.
Optional voting brings out the nutters and those with extreme views on election day. US politicians have no option but to pitch their campaigns (and their policies) to these people and their polarised views.
Bill has no obligation to vote but he should "give it a go" anyway.
Comment by Phil on 8 July 2008:
Voting is not compulsory in the UK. Hence the low turnout even at general elections.
Compulsory voting forces all the idiots to vote and makes politicians dumb things down even more.
If you really want to increase voter turnout have political parties that disagree on the important issues, the more vehemently the better. Labour vs Conservative, Liberal vs Labor, Republican vs Democrat just gives you the option of primarily different presentations of extremely similar policies.
I've long since given up hope of getting even moderately intelligent politicians elected. We just keep getting strategically shaved monkeys in parliament who just want to milk the system for what it's worth. We're already well down the road to serfdom. Next stop totalitarianism of one kind or another; hopefully after i'm 6 foot under.
Comment by charles on 8 July 2008:
So it's, I didn't vote so don't blame me. Well a whole lot of moderates didn't vote and look what you got.
Comment by John on 9 July 2008:
Who cares whose views the politicians pitch to? They change colors quicker than chameleons, it doesn't change what they will actually do once they're in office.
I'm pretty sure Bill voted for Ron Paul in the primaries though.
Comment by obs on 9 July 2008:
So is that the same "imperfect" as in the same imperfection that got the US G.W Bush? NZ Helen Clark? (note we had to vote for her cause the opposition had only wet blankets to offer)
Yeah compulsory voting is swell you can get dud either way...
We're yet to find out if Rudd is alas the same as the others and if Obama is as well...
Comment by Fred on 10 July 2008:
Agree with Bill, democracy makes us feel empowered to some degree, but actually causes each individual to have a level of influence that is virtually meaningless. But what else? The real trick is to own/pay a couple of TV stations and papers etc so that you can put out just enough information to guide enough voters to back the required party or person.
You have to do training and pass a test to drive a car. Perhaps instead of getting the right, or compulsion, to vote at some age, we should all instead be banned from voting until we have achieved some level of qualifications? Qual's might include basic economics,investment, law, governance, propaganda and so forth.
Only problem who'll set the exam?
Best solution for now - those with odd numbered houses vote for the more left wing major party and those with even numbered houses vote for the more right wing major party. In that way you make every electorate a marginal seat that must satisfy the local population.