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How little money FAANG spend for lobbying is a compliment to US political system. Few millions a year for companies doing 10s or 100s billions in revenue, that
by airnomad 7y ago
How little money FAANG spend for lobbying is a compliment to US political system.
Few millions a year for companies doing 10s or 100s billions in revenue, that's really rounding error.
And they would spend more if ROI is there but obviously it is not.
- AstralStorm 7y agoWhy is it good when it is effective but relatively cheap? It says more on US politicians being cheap and essentially easy to indirectly bribe.
- threatofrain 7y agoHow does Google and company use their lobbying budget to bribe a politician? Vacation to the Maldives?
- sacheendra 7y agoFunding their campaign for re-election in the form of ads.
- threatofrain 7y agoIn what way does Google provide advertising favors for political campaigns? Discounts to their ad program? Downgrading opponent visibility?
- rayiner 7y agoGoogle can’t fund anyone’s campaign for re-election.
- rayiner 7y agoWhy would it be cheap if it is effective? It’s a zero sum game and there are intensely competing corporate interests. If it were highly effective, the price would be bid up.
- int_19h 7y agoBecause there are way more politicians than there are companies?
- kristianc 7y ago> And they would spend more if ROI is there but obviously it is not. The revolving door between Google and the government suggests otherwise.