In " Trump Town, " the Revolving Door Runneth Over: Yet More Ex-Lobbyists as Political Appointees at the Department of Health and Human Services

DiscussionOn and on it goes.  The revolving door has been a chronic problem for the US federal government, but the level of revolving door activity in the current regime seems way beyond anything we have seen before.  It seems we chronical multiple instances of people going from important health care corporate positions to government positions that regulate or make policy affecting those same corporations for every instance of someone coming from the previous administrations to industry.So, as I have said before, e.g., in August, 2017,The revolving door is a species ofconflict of interest. Worse, some experts have suggested that the revolving door is in fact corruption.  As we notedhere, theexperts from the distinguished European anti-corruption group U4 wrote,The literature makes clear that the revolving door process is a source of valuable political connections for private firms. Butit generates corruption risks and has strong distortionary effects on the economy, especially when this power is concentrated within a few firms.The ongoing parade of people transiting the revolving door from industry to the Trump administration once again suggests how the revolving door may enable certain of those with private vested interests to have excess influence, way beyond that of ordinary citizens, on how the government works, and that the country is still increasingly being run by a cozy group of insiders with ties to both government and industry. This has been term...
Source: Health Care Renewal - Category: Health Management Tags: DHHS Donald Trump health care corruption regulatory capture revolving doors Source Type: blogs