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Subsidy Suckers

Depressing article from the Washington Post on the rise of lobbyists.
Lobbying

The number of registered lobbyists in Washington has more than doubled since 2000 to more than 34,750 while the amount that lobbyists charge their new clients has increased by as much as 100 percent...The lobbying boom has been caused by three factors, experts say: rapid growth in government, Republican control of both the White House and Congress, and wide acceptance among corporations that they need to hire professional lobbyists to secure their share of federal benefits...

Lobbying firms can't hire people fast enough. Starting salaries have risen to about $300,000 a year for the best-connected aides eager to "move downtown" from Capitol Hill or the Bush administration. Once considered a distasteful post-government vocation, big-bucks lobbying is luring nearly half of all lawmakers who return to the private sector when they leave Congress, according to a forthcoming study by Public Citizen's Congress Watch.

No doubt this will create more calls for reform but the truth is we will never get the money out of politics until we get the politics out of money.

Posted by Alex Tabarrok on June 23, 2005 at 08:02 AM in Political Science | Permalink

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Alex Tabarrok:The number of registered lobbyists in Washington has more than doubled since 2000 to more than 34,750 while the amount that lobbyists charge their new clients has increased by as much as 100 percent...The lobbying boom has been caused... [Read More]

Tracked on Jun 23, 2005 9:23:45 AM

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