So..... the House of Representatives has 435 members, the Senate 100 members. In 2010, 13,000 lobbyists spent $3.5billion to influence decision makers' thinking. That's 24 lobbyists per member, and $6.5million per member.
Compared to a $4 trillion annual budget, $3.4 billion is a rounding error. Lobbying money flows to where power and influence reside. If you want to reduce the influence of lobbying on the government, the answer is to shrink the government the power and influence of government.
Sincere inquiry. I have heard a lot about the notion of "shrinking" the Government .. Seems to be a popular theme in the USA.. What does that really mean? Do we expect people to voluntarily become well-behaved and to fend all for themselves and for the betterment of society ..All by themselves .
In terms of Government spending as a percentage of GDP (19.9%), the US already has a small government:
http://anepigone.blogspot.com/2008/0...entage-of.html
In terms of tax as a percentage of GDP, it is about in the middle (26.9%):
http://en.wikipedia.org/wiki/List_of...centage_of_GDP
Inflation has been (and been used) much more of a threat than a reality over the last couple of years.
2011 has seen some rising prices, but the two prior years were well below the inflation average. We'll see what happens.
Not an interest rate expert, so won't comment on that Steve except to say that raising interest rates usually means the stock market takes a hit. Your thoughts?
In terms of Government spending as a percentage of GDP (19.9%), the US already has a small government
Inflation has been (and been used) much more of a threat than a reality over the last couple of years.
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