If unnecessary government borrowing (deficit spending) and high tariffs are both harmful to the economy, why do governments in democracies often adopt such economic policies?
Politicians will follow bad economic policies in order to attract votes.
Most politicians have a very poor understanding of the principles of economics.
Politicians do not care about what is good for their citizens.
Most politicians do not care about helping the people become more prosperous.

Question

If unnecessary government borrowing (deficit spending) and high tariffs are both harmful to the economy, why do governments in democracies often adopt such economic policies?
Politicians will follow bad economic policies in order to attract votes.
Most politicians have a very poor understanding of the principles of economics.
Politicians do not care about what is good for their citizens.
Most politicians do not care about helping the people become more prosperous.

anonymous · Answer

Most politicians have a very poor understanding of the principles of economics.? @paki