Poverty demographics show us the virtuous cycle of power.
At the turn of the 20th Century, the poorest
demographic was the elderly. The elderly did not vote in large numbers at that
time. It is a common truth that people
who are so busy dealing with their poverty that they don’t have time for
political action. They don’t have time
to become a voting bloc, and so they don’t demand public benefits. Without the demand, they don’t get any. They stay in poverty. Politicians had no need
to pander to them.
Social Security was an exception because it was a Keynesian
stimulus program to fight the Depression as much as it was to help the elderly
themselves. But one side effect is that
the elderly now had some time and attention to focus on politics. They started voting in greater numbers. They started demanding public benefits. Politicians realized they needed to provide
the elderly with benefits or they would not get elected/re-elected.
The automatic cost of living adjustment (with no downgrade
for deflation allowed) was born. Because
of the way the COLA was designed, it has become a greater and greater piece of the
GDP every year. It became more and more
valuable and therefore more and more worth protecting. The elderly became a stronger voting bloc and
more focused on protecting Social Security benefits from any deficit reduction
or fairness initiatives. Single-issue
voting blocs of this size get very powerful in DC.
This cycle can be exploited by any group if they know about
it. First, you have to vote often and
publicly. You need to focus on a single
issue, or at least a limited and focused set of issues. You need to make these issues public and your
passion clear. Hire a professional
organization or lobbyist to facilitate your demands in DC (or state houses). Then
just sit back and watch the benefits roll in.
But there is also the law of unintended consequences. The poorest demographic is now children. They don’t vote, so they are not eligible for
this virtuous cycle of power. The one
demographic that is kept out of the circles of power is perhaps the group that
needs it the most.
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