> If I was in the business of bribing politicians, I would allocate a lot more than $16k to the chair of the committee. Just saying. At least send all of his grandkids to the Ivy Leagues.
Why, that is classical supply and demand, Economics 101. If you can buy a service for $10, why would you pay $100? If $16,000 is enough to buy the chair of some committee you'd batter not pay her much more than $16,000 or the next time she comes around in some position where she has the power over some piece of legislation which might get in your way you'll have to dig deeper still. Not to mention the fact that your fellow lobbyists wouldn't like you for raising the going price of politicians, senators and committees and you'd be hard pressed to find another lucrative position in this market.
Why, that is classical supply and demand, Economics 101. If you can buy a service for $10, why would you pay $100? If $16,000 is enough to buy the chair of some committee you'd batter not pay her much more than $16,000 or the next time she comes around in some position where she has the power over some piece of legislation which might get in your way you'll have to dig deeper still. Not to mention the fact that your fellow lobbyists wouldn't like you for raising the going price of politicians, senators and committees and you'd be hard pressed to find another lucrative position in this market.