7 ms·
I find that difficult to believe, having been involved in political campaigning (not in EU or USA). Have you evidence?
by worik 23d ago
I find that difficult to believe, having been involved in political campaigning (not in EU or USA).
Have you evidence?
- cm2012 23d agoSure. Here is us politician finances from 2024. Note that the vast majority is from individual contributors. Only 6-8% of us political funding in 2024 came from business-PAC contributions. https://www.fec.gov/resources/campaign-finance-statistics/2024/tables/congressional/ConCand1_2024_24m.pdf https://www.fec.gov/resources/campaign-finance-statistics/20... Further splits here: https://www.fec.gov/resources/campaign-finance-statistics/2024/tables/pac/PAC2_2024_24m.pdf https://www.fec.gov/resources/campaign-finance-statistics/20... There are exceptions to this of course but most politicians answer to voters much much much more than big business.
- jppittma 23d agoThat's because megadonors don't give to candidates directly? In order to trigger the unlimited campaign finance guaranteed by citizens united, you create a super pac. They can't openly coordinate with the candidate.
- cm2012 22d agoIf you add in all super PACs and outside spending, it would make up roughly 30-35% of the overall expidenture. That's a lot but super PAC money is worth much less to a campaign compared to donations because it can't be used for core expenses like labor.