How much does money matter in politics? Candidates who out-fundraised their opponents were nine times more likely to win elections in 2012. This graph shows each one of those Congressional races.
hat does all this mean? Because our elections are decided by money, whoever supplies that money wields incredible political influence. Large donors and PACs account for two-thirds of it. Even “small donors” make up a tiny minority of Americans (they can give up to $200 and still be considered “small”). For a candidate to get into office, he or she must first please these elite donors – and keep pleasing them all throughout the election. When politicians are beholden to big donors, they lose their loyalty to the voters. And that’s not how democracy is supposed to work.
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