There are a few economic terms that I just love…
Rational Ignorance – You spend more time choosing you TV than your elected officials.
Diminishing Return – When you’ve gone past any more effort being useful.
So I now propose “Ignorance Returns” as a new term. Since both are important to understanding our government.
Ignorance Returns – The reelection of Congressman, Senators and the President. Or that we allow the same people who voted them in to vote again.
