To quote from my book, “Leave the Rat Race to the Rats” :
“Did you know that the number of registered lobbyists in Washington has more than doubled since 2000 to 2005 to more than 34,750 while the amount that lobbyists charge their new clients has increased by as much as 100 percent? Only a few other businesses have enjoyed greater prosperity in an otherwise fitful economy starting at $300,000 per year. Some 12,467 lobbyists registered with the federal government in the first half of 2009. Under these circumstances, the interests of poor people do not stand a chance. “
By 2020, analyst James A. Thurber estimated that the actual number of working lobbyists was close to 100,000 and that the industry brings in $9 billion annually. Wall Street spent a record $2 billion trying to influence the 2016 United States presidential election.
Does any other country has this type of democracy?
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