Read the following Economist essay on democracy and answer the questions below.

Question

Read the following Economist essay on democracy and answer the questions below.

http://www.economist.com/news/essays/21596796-democracy-was-most-successfulpolitical-

idea-20th-century-why-has-it-run-trouble-and-what-can-be-do?frsc=dg|c

a. Why might democracies be more focused on short-term rather than long-term

outcomes? How does this relate to government budget deficits? What difficulties

might democratic governments with ageing populations face in trying to balance

the budget in the wake of the Financial Crisis?

b. Briefly discuss at least 2 main setbacks democracy has faced in recent decades

(approximately 2-3 sentences each).

Explanation / Answer

1)

Because of the necessity of thinking in terms of party interests, politicians rarely sit down across ideological lines to address problems of national interest. Institutions like the Supreme Court, with lifetime appointments, are supposed to be a check on the short-termism of democratic politics. But the justices often reflect the political passions of the moment

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