The Value of Political Connections
24th September 2010
Measured in terms of median revenues per ex-staffer turned lobbyist, this estimate indicates that the exit of a Senator leads to approximately a $177,000 per year fall in revenues for each affiliated lobbyist….We also find evidence that ex-staffers are more likely to leave the lobbying industry after their connected Senator or Representative exits Congress.
September 24th, 2010 at 13:58
So voting out the current Congress would cause serious unemployment in D.C.??
September 24th, 2010 at 18:49
If we’re lucky.