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April 10, 2007
Washington's biggest business
The Washington Post has just concluded this 27 installment series over the past couple of months on lobbying in Washington, D.C. Although not particularly analytical in terms of evaluating the costs and benefits of lobbying, the series is well worth reading as a thorough review of the enormous growth of the business over the past generation. The following is from the final installment:
As the reach of the federal government extended into more corners of American life, opportunities for lobbyists proliferated. . . Over these three decades the amount of money spent on Washington lobbying increased from tens of millions to billions a year. The number of free-lance lobbyists offering services to paying clients has grown from scores to thousands. [Lobbyist Gerald S.J.] Cassidy was one of the first to become a millionaire by lobbying; he now has plenty of company.The term "lobbyist" does not do full justice to the complex status of today's most successful practitioners, who can play the roles of influence peddlers, campaign contributors and fundraisers, political advisers, restaurateurs, benefactors of local cultural and charitable institutions, country gentlemen and more. They have helped make greater Washington one of the wealthiest regions in America.
The entire series is here.
Posted by Tom at April 10, 2007 4:20 AM
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