Tag: member of congress

Long Division in American Politics – the money trail

The Daily Shpw 01/24/2012A recent John Stewart Daily Show that explored Mitt Romney’s recent release of income tax data got me to thinking about long division.

Romney’s income of roughly $22 million per year is so large that it kind of disappears into the haze of too much information. But, get out your pencil and divide that by 365 days to discover that his income is $60,000 per day. That is slightly over $10,000 more than the median family income in the US. 2010 = $49,455.

Then, I thought about corporate money in government. In 2011, $3.27 billion dollars was reported officially as expenditures on lobbying in Washington.  Again with the long division, that is $6.1 million per member of Congress. Remember this is lobbying dollars, not the super pac money or all of the campaign contributions Congress people spend most of their time soliciting. Or, to divide the $3.27 billion by the number of officially registered lobbyists in Washington, 12,592, this gives each of them $260,000 to divide between pay and payola. 

Do some of your own long division.