“We the people” have the power to change this uber-litigious, cover-your-ass-at-any-cost operating environment.
After all, that’s the beauty of Western democracy, right?
Well, that’s the theory at least. You must still get people to the polls!
Today’s chart is a bit different than my usual. When I saw it, my cynical side chuckled.
“A bull market in apathy.” HA! That’s a great way of putting it.
Seeing that U.S. voters are more apathetic than voters in every country but Korea doesn’t give much hope for turning the tide of power in the U.S.
The long-term trend of an increasingly litigious, overregulated and inefficient society is unlikely to reverse course any time soon. It’s largely a matter of inertia, à la “it’s just been that way for years.”
And it would take an uprising of the people to turn the ship 180 degrees, something I doubt we can muster, after a quick glance at the chart above.
That’s what the cynic in me says, at least.
With that said, Obamacare – whether it survives or not – may be one source of hope and change. The legislation has clearly opened a can of worms, spurring a nationwide debate on the topic of health care access and affordability.
I think that simply having this debate is great, whatever the outcome. And maybe, just maybe, it will draw some voters out of the woodwork.
Recent Articles by
If “buy-and-hold” and the notion that you can’t beat the market have left you short of your personal and retirement goals, then you’re going to want to hear the truth about passive and active investing.
Chances are, if you’re more than 25 years old, you think it’s impossible to “beat the market!”
But today, there is MORE than ample evidence that proves:
- The stock market is NOT perfectly efficient
- Passive investing can be MORE risky than active investing
You CAN beat the market… you just need to use the right strategy!