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Almost 10 billion dollars was donated in the 2020 election cycle. The money overwhelmingly comes from a very small and well off portion of the population. This
by michaelmrose 6y ago
Almost 10 billion dollars was donated in the 2020 election cycle. The money overwhelmingly comes from a very small and well off portion of the population. This is why the positions taken by congress so consistently serve the interests of the few over the many.
https://www.opensecrets.org/elections-overview/donor-demographics https://www.opensecrets.org/elections-overview/donor-demogra...
- Aunche 6y agoCampaign finance is certainly broken, but it's not the same as lobbying. Also, most evidence points towards money having little if any impact on elections. Most recently, Bloomberg spent $570 million on primaries and only received 31 delegates. https://fivethirtyeight.com/features/money-and-elections-a-complicated-love-story/ https://fivethirtyeight.com/features/money-and-elections-a-c... https://www.vox.com/2016/2/9/10941690/campaign-finance-left https://www.vox.com/2016/2/9/10941690/campaign-finance-left https://www.cbsnews.com/news/bloomberg-delegate-18-million/ https://www.cbsnews.com/news/bloomberg-delegate-18-million/