Rational Ignorance, Part the Googolplexth April 20, 2011April 20, 2011 ~ Jason Sorens Public opposes all proposals for cutting the deficit, except raising taxes on those making over $250,000 a year. Share this:EmailPrintFacebookTwitterRedditMoreTumblrPinterestLinkedInLike this:Like Loading... Related Published by Jason Sorens View all posts by Jason Sorens
Hmmm… A situation where spreading costs to others leads to rationally pursuing actions that result in broadly poor outcomes – I think I might have heard this story before. Reply
Yes, the terrifying possibility of returning upper-income tax rates to where they were in the Clinton Depression. Reply
That’s not the ignorance. The ignorance comes in thinking that this change alone will fix the deficit. It won’t even come close. Reply
PILEUS 
Hmmm…
A situation where spreading costs to others leads to rationally pursuing actions that result in broadly poor outcomes – I think I might have heard this story before.
Yes, the terrifying possibility of returning upper-income tax rates to where they were in the Clinton Depression.
That’s not the ignorance. The ignorance comes in thinking that this change alone will fix the deficit. It won’t even come close.