georgephillip
Diamond Member
What do Mitch and Nancy and Chuck and Hillary and Donald have in common?
"Talk about 'tribalism' in American politics is all the rage. But in politics the chiefs of the tribes do almost all the talking. And they raise money, on a colossal scale.
"So, take a look.
"Does their fundraising reflect a tide of small donations from masses of concerned Americans they claim to be speaking for?
"The Lesson:
Big Money—Not Political Tribalism—Drives US Elections
How likely is it millionaires and billionaires have the slightest interest in "We the People"?
"Talk about 'tribalism' in American politics is all the rage. But in politics the chiefs of the tribes do almost all the talking. And they raise money, on a colossal scale.
"So, take a look.
"Does their fundraising reflect a tide of small donations from masses of concerned Americans they claim to be speaking for?
"The Lesson:
- Political leaders of both major parties depend heavily on large contributions — meaning over $10,000 or $100,000 — in our 2 year election cycles.
- Mitch McConnell is uniquely reliant on them. In 2016 Clinton relied more on them than Trump, though both had high levels.
- Bernie Sanders was the one exception. Almost 60% of his were below the $200 limit for itemization. He received essentially no large contributions. Trump also received substantial small contributions.
Big Money—Not Political Tribalism—Drives US Elections
How likely is it millionaires and billionaires have the slightest interest in "We the People"?