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Politico Presents …. Washington Lobbyists!

March 27, 2015 in Economics

By David Boaz

David Boaz

I noticed that my paper copies of Politico have been quite thick this week. Is there a lot of news? Well, yes. But newspapers usually run all the news the advertising will support. And Politico is just chock-full of ads in this budget season. As I wrote in my favorite chapter of The Libertarian Mind, “What Big Government Is All About,” there’s been a huge boom in the business of getting taxpayers’ money in the past few years:

Every business and interest group in society has an office in Washington devoted to getting some of the $4 trillion federal budget for itself: senior citizens, farmers, veterans, teachers, social workers, oil companies, labor unions, the military-industrial complex—you name it. The massive spending increases of the Bush-Obama years have created a lot of well-off people in Washington. Consulting and contracting exploded after 9/11. New regulatory burdens, notably from Obamacare and the Dodd-Frank financial regulation bill, are generating jobs in the lobbying and regulatory compliance business.

“Walk down K Street, the heart of Washington’s lobbying industry, and look at the directories in the office buildings. They’re full of lobbyists and associations that are in Washington, for one reason: because, as Willie Sutton said about why he robbed banks, “That’s where the money is.”…

“How much would you spend to get a $200 million subsidy from the federal government? About $199 million if you had to, I’ll bet.

So what does that have to do with the page counts in Politico? Well, check out this list of the full-page ads in Tuesday’s and Wednesday’s editions:

International Council of Shopping Centers (tax the internet)
National Multifamily Housing Council/National Apartment Association
My Plate, My Planet (federal food guidelines)
CA Technologies
American Medical Association (more Medicare money for doctors)
Innovation Alliance (patent law)
Alzheimer’s Assocation (federal research money)
United Launch Alliance (NASA contracts)
Navy League (military spending)
Beer Institute (beer taxes)
Society for Human Resource Management
United Technologies
Americans for the Arts (taxpayer funding)
Better Medicare Alliance (insurance companies and others, more Medicare funding)
Natural Products Association
Oil and Natural Gas Industry
Boeing/Textron (fund the V-22)
Application Developers Alliance (patent law)
American Bankers Association
Aerospace Industries Association (fund the Ex-Im Bank)
Aircraft Carrier Industrial Base Coalition (build more carriers)
Patient Access to Pharmacists’ Care Coalition (more Medicare money)
U.S. Travel Association (increase tax on air travelers)
NextEra Energy (recipient of $2 billion in federal subsidies)
Boeing
Comcast (allow merger with TimeWarner Cable)

Some of these organizations ran full-page ads …read more

Source: OP-EDS

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