Thursday, August 18, 2005

Majority voting and rent - seeking

Jacob Hornberger explains the pork barrel process:
Federal representatives return home to their constituents and proudly tell them, “Look at the free federal money I have brought home to you. I represent you well. I fight for your interests. Be sure to remember what I have done for you when election day rolls around.”

Yet isn’t the entire process nothing more than a corrupt way to purchase votes in advance of an election? Rather than simply stuff cash into the hands of individual voters, which would be illegal, they stuff grants of cash into the hands of local public officials and ask their constituents to return them to office so that they can do more of the same.
An election is just an auction of future stolen goods.