3 ms·

> The practice of securing government grants and not creating much wealth from them has a long history. This is true, it does -- in Congress. (Pork barrel spen

> The practice of securing government grants and not creating much wealth from them has a long history. This is true, it does -- in Congress. (Pork barrel spending, logrolling, etc.) However, in the executive branch, this is unquestionably a new phenomenon.

reaperducer 8y ago
unquestionably a new phenomenon. It depends on how you define "new." If you intend "new" to mean it is exclusive to the current administration, you are incorrect.
- weaksauce 8y ago
  Can you give recent examples of prior administrations doing this in the executive branch?
  - jerf 8y ago
    https://www.wsj.com/articles/the-death-of-obamas-slush-funds-1496878321 https://www.wsj.com/articles/the-death-of-obamas-slush-funds... seems pretty close. Different mechanism, sure, but similar result.
    - weaksauce 8y ago
      Stuff like the Volkswagon settlement being used to remedy the complaint have been going on for many years and is a nuanced thing[0]. not sure it belongs in the same category. That's also a pretty biased opinion column so I'll hold off on judgement of the practices until I do more research. Do you have a more neutral source than an opinion column with a few paragraphs of information? pdf page 351-352: [0] https://digitalcommons.law.byu.edu/cgi/viewcontent.cgi?article=2483&context=lawreview https://digitalcommons.law.byu.edu/cgi/viewcontent.cgi?artic...
  - zeveb 8y ago
    > Can you give recent examples of prior administrations doing this in the executive branch? From https://www.economist.com/democracy-in-america/2017/08/03/unproductive-entrepreneurship-is-increasingly-common-in-america[0] https://www.economist.com/democracy-in-america/2017/08/03/un... > Jeffrey R. Brown and Jiekun Huang, two researchers writing for the National Bureau of Economic Research, use data from White House visitor logs during the Obama administration to show that corporate executives’ meetings with White House staff were associated with a bump in their company stock price, more government contracts and positive regulatory decisions. Firms that had better access to the Obama White House also experienced a large drop in stock prices when the 2016 election result was announced. 0: that URL might be familiar: it's the article itself
  - LanceH 8y ago
    GM

reaperducer 8y ago

unquestionably a new phenomenon. It depends on how you define "new." If you intend "new" to mean it is exclusive to the current administration, you are incorrect.

weaksauce 8y ago
Can you give recent examples of prior administrations doing this in the executive branch?
- jerf 8y ago
  https://www.wsj.com/articles/the-death-of-obamas-slush-funds-1496878321 https://www.wsj.com/articles/the-death-of-obamas-slush-funds... seems pretty close. Different mechanism, sure, but similar result.
  - weaksauce 8y ago
    Stuff like the Volkswagon settlement being used to remedy the complaint have been going on for many years and is a nuanced thing[0]. not sure it belongs in the same category. That's also a pretty biased opinion column so I'll hold off on judgement of the practices until I do more research. Do you have a more neutral source than an opinion column with a few paragraphs of information? pdf page 351-352: [0] https://digitalcommons.law.byu.edu/cgi/viewcontent.cgi?article=2483&context=lawreview https://digitalcommons.law.byu.edu/cgi/viewcontent.cgi?artic...
- zeveb 8y ago
  > Can you give recent examples of prior administrations doing this in the executive branch? From https://www.economist.com/democracy-in-america/2017/08/03/unproductive-entrepreneurship-is-increasingly-common-in-america[0] https://www.economist.com/democracy-in-america/2017/08/03/un... > Jeffrey R. Brown and Jiekun Huang, two researchers writing for the National Bureau of Economic Research, use data from White House visitor logs during the Obama administration to show that corporate executives’ meetings with White House staff were associated with a bump in their company stock price, more government contracts and positive regulatory decisions. Firms that had better access to the Obama White House also experienced a large drop in stock prices when the 2016 election result was announced. 0: that URL might be familiar: it's the article itself
- LanceH 8y ago
  GM