It Ain't Fair

Corporate America is shutting average Americans' voices out, while they help themselves to taxpayer dollars. The economic playing field is tilted against the middle class — and we have the power to change that.

Lobbying and the Government Revolving Doors
bad government lobbying

Lobbying and the Government Revolving Door

Businesses have dangled before public officials the lure of well-paying jobs after the government. In the 1970s only about 3% of retiring members of Congress went on to become Washington lobbyists. By 2016 fully half of all retiring senators and 42% of retiring representatives had  turned to lobbying, regardless of party affiliation. This wasn’t because more recent retirees have had fewer qualms than their predecessors about making money off their contacts in government. It was because the financial rewards from corporate lobbying had ballooned. The revolving door rotates the other way, to: if a lobbyist can land a plum job in an administration, he or she becomes even more valuable on leaving.

In his first 6 months as president, Trump handed control of every major regulatory agency to lobbyists from the industries they would oversee.

Resourses:

“The Common Good” by Robert Reich. This is a great book by the way.