Doug Johnson was recently quoted in an article in the Whittier Daily News about the Congressional bailout bill, and the voting patterns of local representatives. Doug comments on the important idea in political economy that small concentrated economic groups have it easier when influencing the political process. In this case it is the lack of those groups in the local areathat have not provided a strong constituency for the bailout bill.
While many people have lost their jobs in the state, Doug Johnson, a Rose Institute politics fellow, said those job losses have not been concentrated in financial industries.
“There is no one, big company wipeout here that has caused a bunch of layoffs,” said Johnson. “You don’t see lawmakers here under the influence of a bunch of financial group employees who are afraid of losing their jobs, like you do in the Northeast states.”