United States | News & Politics

7300 readers

753 users here now

founded 4 years ago

MODERATORS

[email protected]

144

Just 50 people have funneled $1.5B into 2024 campaigns: report (www.rawstory.com)

submitted 3 months ago by [email protected] to c/[email protected]

10 comments fedilink hide all child comments

A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.

you are viewing a single comment's thread
view the rest of the comments

[–] bazus1 2 points 3 months ago (1 children)

You're correct, that they can and often do donate to both sides of the two-party system, but you're missing that it's money candidates need to bring awareness and amplify their message, motivating people to vote them into office. If the voting doesn't matter, if the whole result is a foregone conclusion, the money and influence campaign is meaningless and doesn't occur.

[–] [email protected] 2 points 3 months ago

Voting matters in the sense that you get to pick which donors get to control the government. That's it.