Excellent News: Democratic Party Hacks Facing Mass Unemployment

When is unemployment a good thing? When it's a bunch of Democratic Party apparatchiks out on the street. Various party hacks are looking directly into the ugly face of unemployment post-election and they are getting scared. I mean, after all, unemployment is for the little people who cling to their guns and bibles, not the chosen elite.

And K Street will not be a safe haven, either.

Democratic congressional aides aiming for a big payday from K Street have seen their value plummet with their party’s declining fortunes, according to corporate headhunters and lobbyists.

Less than two years ago, after President Obama’s coattails increased already-large Democratic majorities in Congress, Democratic congressional leadership aides could demand premium salaries from K Street firms. Lobbying salaries offered to Democratic staffers leaving Congress for K Street about a year ago ranged from $250,000 to $500,000

It’s difficult to say how much those salaries have dropped now that the party appears poised to lose seats in the House and Senate, and possibly their majorities, in November. But corporate headhunters say Democratic salaries have probably peaked, and that they could go down further with a GOP victory in the fall.

“It is likely we have seen the peak of Democratic salaries, with the exception of those folks involved in the ‘money committees,’ ” said Ivan Adler, a principal for the McCormick Group. “Money committees” are the congressional panels overseeing healthcare, taxes, energy and financial services.

Aides on committees or in leadership who lose their jobs because of a congressional shake-up could suffer the most. The minority party gets fewer committee and leadership aides than the majority.

“The people really affected by this are in the committees or in leadership because if it flips there are a lot less people in [those jobs] in the minority than in the majority,” said Adler, who specializes in headhunting for lobbying jobs.

Democrats would be likely to flood the market if the GOP wins control of the House.

“Hundreds and hundreds of professional staff will be out of work,” said Robert Raben, founder of the Raben Group. “There will be many more people than there will be jobs available.”

So pretty soon these hacks will find out what 15 million plus unemployed have known for a long time now. Which is that the Democratic Party's Socialist agenda has seriously damaged this economy, the Democrats have no clue how to grow an economy nor encourage private sector job creation.

And while I do not wish unemployment on anybody, it could not happen to a more deserving group than them.

Welcome to our nightmare.