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You are here: Home / Business of Politics / The Politico-Entertainment Complex

The Politico-Entertainment Complex

February 27, 2024 at 9:46 am EST By Taegan Goddard Leave a Comment

Janen Ganesh: “In most western democracies, the defeated can go on to make a living in business. America is almost unique in being able to keep election-losers in handsome employment within politics. There is always a television slot, a think-tank sinecure, a tax-exempt political action committee, a speaking gig, a book deal. Sarah Palin, whose electoral career peaked as governor of one of America’s least populous states, sold a reported 2mn copies of her memoirs in hardback. There are European heads of government who can’t do that.”

“So lucrative and ego-feeding is America’s political industry that even non-Americans strive to crack it. Last week, Liz Truss gave a speech of virtuoso dottiness to a rightwing conference in Maryland. Don’t knock it as a career move. There is more income, less stress and often larger audiences to be had as a touring windbag than as a minister. Steve Hilton, who lasted two years in government as a (liberal) adviser to David Cameron, managed six as a Fox News host. Nigel Farage, that seven-time failure as a candidate for parliament, is a regular on the US circuit.”

“Think of the incentive structure here. Why moderate to win office if you can have the same trappings out of it? Fear of unelectability is what keeps political parties from embracing wild ideas. If that fear goes, if life in opposition is about as agreeable as life in government, an important check on extremism falls away. It becomes rational to cultivate activists over swing voters.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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