Revolving-door lobbyist-and-consultant Ron Klain is exiting the White House after two years as Biden’s chief of staff, and is being replaced by revolving-door-investor-and-consultant Jeff Zients. Klain’s not the only one cashing out, and Zients isn’t the only one revolving in.
In fact, early 2023 could go down in history as the greatest revolving-door vortex in American history.Politico has a telling magazine piece on the Biden revolving door, which features Lyles Carr, who runs the McCormick Group. The McCormick Group exists precisely to help high-ranking government officials land jobs with the private-sector companies they subsidize and regulate.Biden alumni are cashing out to never-before-seen prices.
More green subsidies mean more industry jobs for the public servants who created or administered green subsidies. More environmental regulations mean more industry jobs for the public servants who crafted the regulations.
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