Money buys . . . Featured
This chart shows where members of Congress who left office in 2011 (either by defeat or retirement) went to work after leaving Capitol Hill. More than half became lobbyists or joined lobbying firms. More from Open Secrets
Now I realize that correlation does not prove causation. But surely the revolving door between Capitol Hill and K Street makes this the future we can expect:
“The top 1% captured 93% of the income gains in the first year of recovery.”
More on this from Mike Konczal.
Thomas Ferguson is a prominent political scientist who has analyzed how our Congress functions. He states:
Put simply, there is a point beyond which economic inequality in its
own right complicates electoral control. The appropriate comparison is perhaps with a
powerful magnetic field. When The Force is with them – when, that is, Congressmen and
women, their staffs, presidential aides, and federal regulators can be sure of walking out
of their offices to become multimillionaires when they retire or step down – expecting
them to act consistently in the public interest is idle, even if all representatives were
elected on 100% public funding.
Closing the revolving door must be our top priority.