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Politico: Myth of the small donor

Another reason politics is broken:

campaignmoney:

“Roughly 2.5 million people have kicked in $200 or less to the various committees helping their candidate win the White House.

“But those 2.5 million people account for less than 18 percent of the total money haul.

“By contrast, 2,100 donors giving $50,000 or more have contributed about $200 million to the Obama and Romney campaign committees, victory funds and their supportive super PACs. That’s far more than the $148 million all those 2.5 million small donors contributed through the end of June, according to an analysis of Federal Election Commission data by POLITICO and the Campaign Finance Institute.”

    • #politics
  • 10 months ago > campaignmoney
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    Another reason politics is broken:
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We're a nonpartisan and nonprofit group, founded in 2005, dedicated to increasing America's horrible voter turnout by asking a simple question: why do we vote on Tuesday? The answer: absolutely no good reason whatsoever. You'll find a longer and equally infuriating answer in this TED talk.

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