VoiceOfRa comments on Open thread, December 7-13, 2015 - Less Wrong Discussion
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A lot of problems that the establishment has been ignoring for decades, e.g., illegal immigration, out of control PC policing, pensions for government employees crowding out other spending, are starting to become critical and the seasoned politicians don't know how to address these problems. In fact they probably can't be addressed without upsetting established interests to whom the seasoned politicians are beholden to.
So we are locked into a stable, nowhere-near-optimum equilibrium. :(
It's not stable. The problems I mentioned are getting worse.
Good point.