But acquiring that political capital is the challenge
Not just acquiring, but maintaining that political capital. Programs like low cost housing currently cost a great deal of political capital. The majority of people seem not to vote in their own best interests, so here we are.
Not just acquiring, but maintaining that political capital. Programs like low cost housing currently cost a great deal of political capital. The majority of people seem not to vote in their own best interests, so here we are.
They cost physical capital. They generate political capital, as they create a consistency that will support the politicians who support the program.
Social Security / Medicare are the Ur-examples. Enormous constituencies that love to punish politicians who in any way threaten their benefits.