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The Obama Economic Recovery

The recovery has begun.  The economy is starting to boom.  Well, at least the lobbying industry in Washington.  Reports my friend Tim Carney over at the Washington Examiner:

Early numbers suggest that the first quarter of 2009 has seen lobbying in the nation's capital spike by nearly 22 percent over last year, which would be the largest ever increase in lobbying activity - and a strong indication that President Barack Obama has helped usher in a Golden Era for K Street.

Between Jan. 1 and March 16 this year, the Senate Office of Public Records received 1,381 new lobbying registrations, which include new lobbying firms, new clients at existing firms, and businesses hiring their first lobbyists. This is the largest batch of new registrations since 1999, the first year these records were kept, and a 21.7 percent increase over last year.

If you subtract the lobbying accounts that have been terminated, you get a net gain in active lobbying accounts this year of 1,252, which represents a surge of 13.5 percent over last year's growth of 1,103 net lobbying accounts in the same period.

With lobbyists prospering, can the rest of the economy be far behind?

View all comments (5) | Leave a comment

Pingback| 3.18.09 @ 8:00AM

The Obama Economic Recovery — But As For Me links to this page. Here’s an excerpt:

…Recovery The recovery has begun.  The economy is starting to boom.  Well, at least the lobbying industry in Washington.  Reports my friend Tim Carney over at the Washington … → Read full article… The Obama Economic Recovery Tagged as: Carney, Economic Recovery, economy, Friend Tim, Nbsp { 0 comments… add one now } Leave a Comment Name * E-mail * Website You can use these HTML tags…

Pingback| 3.18.09 @ 8:43AM

Wednesday morning, 3 AM | And Still I Persist links to this page. Here’s an excerpt:

…selling apples on the street. Oh, wait — there are, at least over in England (clever lad, that; note the Depression-era photo on his sign). ITEM: Some more economic good news: lobbyists are prospering in Washington DC . Wait? Weren’t lobbyists supposed to magically go away under the Obama Administration? ITEM: The Democratic Stimulus Bill will reverse a decade’s progress in welfare reform by…

Becky| 3.18.09 @ 10:31AM

Oh boy, with lobbying up, rackateering, influence peddling, and billions of other waste products of the stimulus must be close behind.

What is the estimated "waste factor" in government spending on crisises? For example, how much of the Katrina expenditures were fradulent claims and failed efforts? What does the the time/money spent/results equation look like?

Trackback| 5.11.09 @ 7:29PM

Data recovery software utility, on Data recovery software utility, links to this page. Here’s an excerpt:

What's data recovery? It's the last option to undelete and recover lost corrupt or damaged files and partitions after local and network backups have failed. For disk crash repair data recovery service is needed.

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More Blog Posts by Doug Bandow

http://spectator.org/blog/2009/03/18/the-obama-economic-recovery
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