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Comment by mijamo

There are way more possibilities. And the main one is that any negative effect would only be visible in a long time (let's say 10 years) and by that time it may take 10-20 years again to change course.

For instance say you lower standards for building bridges, how do you assess the success? First you may notice nothing, because all bridges under construction stay with their design, so consequence 0. After a few years, construction costs may go down because the new standard allow to cut some corners. Great! Success! Now 30 years in the future maybe suddenly the bridge has a failure that costs 20x the savings at the time of construction. Well suddenly not great. But changing the standard at that point would not fix all the bridges built over those 30 years.

Evaluating public policies is often very hard and it's sometimes only possible a long time after. I would also say that weather or not a policy is good or has positive impact has little impact on winning or losing elections. Lots of terrible policies can win you voters. Just like building the best product is not the easiest way to make money. For both goods and elections, playing on emotions works a lot better.

parent mijamo 1 year ago

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