Re-posted from The Corner without comment (or not, I guess, since saying there’s no comment requires a comment):
Lobbying Expenditures Found to Have Incredible Rate of Return on Investment [Veronique de Rugy]
The Washington Post reports about this new University of Kansas study:
In a remarkable illustration of the power of lobbying in Washington, a study released last week found that a single tax break in 2004 earned companies $220 for every dollar they spent on the issue — a 22,000 percent rate of return on their investment.
This should make all bloggers, policy analysts, and other pundits wonder whether we are really using the right medium to get our ideas through.
