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Recession Hits the Beltway

The recession is also being felt among the nation’s political elite. With President-Elect Barack Obama taking over, loyal Bush appointees are now scrambling to find work.

In spite of their powerful positions and experience, these officials are seeing how difficult it becomes when the market shrinks:

“For Republicans, the inn is full,” lamented veteran GOP operative Ron Kaufman, a close White House adviser to former president George H.W. Bush and an executive at Dutko Worldwide. “You have lots of folks in the House and Senate on the streets and 3,000 administration appointees on the streets at a time when the job market is shrinking anyways. It’s just not a fun time.”

Of the roughly 8,000 politically appointed positions in the federal government, hundreds have been vacant since a wave of departures last spring, administration officials said. But appointees who have remained through the final days of the Bush administration have seen an already shaky job market collapse. The traditional avenues of employment for outgoing government officials — corporations, nonprofit foundations or think tanks — are clogged because of hiring freezes.

Some are choosing to forgo the job market, at least for the time being:

Bush appointees who can afford the luxury are taking time off. White House press secretary Dana Perino plans to travel with her husband to volunteer in South Africa at the Living Hope Community Center, a beneficiary of Bush’s anti-AIDS initiative.

“I didn’t want to sit around the house thinking about what I want to do next,” Perino said. “I wanted to do something that would help others.”

This recession truly does not discriminate.

January 19, 2009 Posted by | Economics, Politics | , , , , , , , , , , | 1 Comment