Bipartisan Consensus for the Politically Powerful

The Associated Press reports half of Americans think the economy will fare the same under another Obama presidency as it would under Mitt Romney. I agree and understand why that is.

Political actors from both parties act in the interests of the politically powerful, who have a lot to gain from governmental power. This comes at the expense of the average citizen, who has little to gain from influencing individual pieces of public policy. In order to gain political power, public officials must cater to powerful interest groups, regardless of campaign rhetoric.

Rules intended to diminish the ability of these interest groups will likely fail because they are written by the same politicians who benefit from working with powerful interest groups. True reform will come from limiting the size and scope of government, which will in effect reduce the possible benefit that special interests can gain from winning the influence of political actors.


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