Monday, September 27, 2010

Revolving Door Lobbyists

An academic inquiry into the revolving door between interest groups, lobbyists and members of Congress:

We study how ex-government staffers benefit from the personal connections acquired during their public service. Lobbyists with experience in the office of a US Senator suffer a 24% drop in generated revenue when that Senator leaves office.

This tells us that Senate staffers who leave their positions to lobby, make a chunk of cash lobbying their old bosses.