Remodeling Maidiac
Diamond Member
- Banned
- #1
Has ANY other president done this much fundraising while in office? 3 out of 5 days this week fundraising, wtf. It's not like anything else is going on around the world or here at home I guess.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Yes he kills bad guys and makes you cry
Has ANY other president done this much fundraising while in office?
Has ANY other president done this much fundraising while in office? 3 out of 5 days this week fundraising, wtf. It's not like anything else is going on around the world or here at home I guess.
Campaign spending in the United States has tripled over the last three decades. Total expenditures in the average contested House election were $318,000 in 1972, $735,000 in 1992, and $973,000 in 2000 (all figures in 1990 dollars).
Based on a Media Trackers analysis of campaign finance records, Democrats outspent Republicans $3,050,098 to $2,853,438 in House races, while in the Senate they outspent Republicans by a margin of $1,771,712 to $1,015,014.
The expenditures for House races according to my last post:
1972: $318,000
1992: $735,000
2000: $973,000
You may be wondering, how much did it cost in 2012?
Based on a Media Trackers analysis of campaign finance records, Democrats outspent Republicans $3,050,098 to $2,853,438 in House races, while in the Senate they outspent Republicans by a margin of $1,771,712 to $1,015,014.
It took 30 years to triple campaign spending prior to 2000. Since then, campaign spending has tripled again.
A Congressman today has to raise ten times as much money as his 1972 counterpart!
Golf, pool, hoops, watching sports on TV, having late night gourmet dinners with the Cognoscenti where he discusses Architecture....
He's a busy guy!
The cost of campaigns rises with every election cycle, so politicians have to raise more cash than they did the previous election.
The obvious effect of this is more and more and more time spent fundraising.
Half a century's worth of campaign finance "reform" has had zero effect.
From a 2001 economics paper:
Campaign spending in the United States has tripled over the last three decades. Total expenditures in the average contested House election were $318,000 in 1972, $735,000 in 1992, and $973,000 in 2000 (all figures in 1990 dollars).
Radio and TV air time is a finite resource. Pumping more and more cash into campaigns has probably been a real boon to radio and TV stations.