Net
- The Buckaroo and the Demand for Money
- College Flunks Four Times; Eliminates Tuition
- ECB May Be Willing to Take a Haircut on Greek Bonds
- College Flunks Four Times; Eliminates Tuition
- New York Housing Market Could Still Collapse: Analyst
- Ouch! UBS's Bonus Pool Got Whacked
- Banks Already Slipping Through New Capital Requirements
- Greek Default: Why Now May Be Best Time to Do It
- What Germans Really Think About the Greeks
- Why the Social Security Tax Fight Is Stupid
- The Financial Crisis As Hyperinflation
- ECRI Sticks to Recession Call, Even Amid Positive Signs
- David Brooks Does Modern Monetary Realism
- Can America Become the Next Greece?
- Is the Smart Money Heading for the Sidelines?
- Regulatory Capture: Federal Reserve Edition
- Stuff We Missed: Wednesday, February 22
- Chart of the Day: Europe and U.S. Decoupling
- Will Greek Credit Default Swaps Fall Short?
- Kevin Book: Beware the Downside Potential In Oil Prices
- Stuff We Missed: Tuesday, February 21st
- Modern Monetary Theory’s Big Weekend: The Problem with Surpluses
- ‘Greece Fatigue’: Market Hopes Bailout Plan Will Work
- Sallie Krawcheck: The Euro Is “Fundamentally Flawed”
- Compensation Clawbacks: Bad for Banks, Bad for Shareholders
- Get Ready for Gas Prices to Hit $5 by Summer
Call: 201-735-4638
Text Message: 917-740-8477
- G20 Inches Toward $2 Trillion in Rescue Funds for Europe
- Buffett: Board 'Enthusiastic' About Mystery Successor
- US Data Could Drive Stocks Amid Oil and Europe Risks
- BRICS to Look at Bid for Top World Bank Job
- BP Facing Billions in Fines as Gulf Spill Trial Set to Go
- Obama: No 'Silver Bullet' to Halt Rising Gas Prices
- Rents Keep Rising, Even as Housing Prices Fall
- Clinton to Muslims: Ignore GOP Campaign Rhetoric
- Greece Debt Deal Merely Buys Time: World Bank Chief
- Apple's Unusual Tactics Revealed in iPad Name Dispute
It's Okay That You're Not Voting Today
Senior Editor, CNBC.com
The odds are that you did not vote today.
![]() |
Getty Images |
If you are anything like me, not voting is a triumph of sense over propaganda. I've received a bunch of emails from friends and concerned citizens urging me to vote this way or that, for one politician or the other one. Some have even implored me to vote regardless of which candidate I favor, out of some sense of civic duty.
Yet I didn't vote. And neither did most of you.
Many of us know that voting is irrational. The odds of influencing the outcome of an election are vanishingly small. You are better off being a free-rider on the votes of others. What's more, the odds that a candidate for whom you vote will successfully carry out policies that match your preferences are even worse. For many of the offices to which men and women will be elected today, you do not actually have any preferences at all.
Voting can also be counter-productive, which is what makes those campaigns urging people to vote so destructive. If you are only so slightly informed about an election that you need to be convinced to vote, your preferences are likely to be ill-informed. You'll vote according to heuristics—ethnicity, party lines, for familiar names—that political operatives can predict and exploit. We're probably all better off if we leave the voting to the informed and committed.
Then again, informed voting may be overrated. Knowing a lot about a candidate's positions and current social problems may not make you very good at choosing between candidates. Campaign promises are not a good guide to political performance: they are forward looking statements, after all. And often "informed voters" are simply committed ideologues. It's not clear that more informed voting produces qualitatively improved governance.
Voting is probably the least effective way to make your political preferences influence elections. You'd do far more with a bumper sticker, a chat with a neighbor or a bar-side argument over politics.
So if you do have strong preferences, by Election Day it's already too late. The uninformed mass of voters and the ideologically committed have already made up their minds. You are already irrelevant.
Some democratic fanatics (democratic in the purely political, not the party, sense) will tell you that if you don't vote then you give up your right to dissent against subsequent government policies.
I've never understood this weird part of pseudo-democratic theory. It certainly isn't part of the Constitution of the United States, which preserves the rights of free speech, free press and petitioning the government even for non-voters. If anything, the opposite should be true: by voting you are tacitly agreeing to abide by the outcome of the vote. By not voting, you are doing no such thing.
I don't think voting is awful. After all, it isn't as if you are voluntarily participating in the inevitable exploitation of the people by the government in favor of the well-connected. You have no choice but to participate. The coercive elements of a government captured by special interests are present all around you, conscripting the fruits of your labor for their ends—propping up fallen banks and automakers, engaging in foreign wars, sponsoring the destruction of your culture, and pure self-dealing by politicians. It's easy to see why you might want to play some small role in protecting your life, your fortune and whatever is left of your honor from this kind of situation.
There are also plenty of non-political reasons to vote. If you are lonely or elderly, voting might be a good chance to meet people. Lots of other people like you will be gathered in one place. You already have something in common — you like to vote. Odds are that this is a signal of all sorts of other beliefs about life that you also share with your fellow voters. Often there is also free coffee at voting places.
Just don't let anyone make you feel bad about not voting. The insistence that you have given up some sacred right or failed to performed a civic duty is the clearest sign of someone who either doesn't really understand politics at all or was trying to manipulate you. Feel free to encourage them in this disordered thinking, by telling them that you would have voted if only they had reminded you earlier that it was Election Day. It will drive them a bit crazy to hear that if only they had worked harder at getting out the vote, you might have voted. And witnessing the irrationality and mistakes of others is one of the fine pleasures of Election Day.
This story originally appeared on Business Insider.
______________________________________________________
Questions? Comments? Email us at
Follow John on Twitter @ twitter.com/Carney
Follow NetNet on Twitter @ twitter.com/CNBCnetnet
Facebook us @ www.facebook.com/NetNetCNBC















