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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: DTB ✭  😊 😞
Number: of 15062 
Subject: Re: o/t, debtors and creditors,
Date: 07/05/2024 5:52 PM
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"We all know what to do, but we don’t know how to get re-elected once we have done it."
- Jean-Claude Juncker, Prime Minister of Luxembourg and President of the Eurogroup.
The Economist (2007), "The Quest for Prosperity", March 15th."


This Juncker Rule encapsulates well the thinking of many politicians in supposedly democratic countries on both sides of the Atlantic, who 'know' what to do (expand the size of the state, spend huge sums fighting global warming, have high levels of immigration, control what people are allowed to say, etc.) but are frustrated that their electorate doesn't share their enlightened views. And then of course they are shocked when those same churlish voters decide to turf them out in favour of people that promise to do what the electors actually want.

dtb
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