Chart of the day

Posted: 2 June 2015 in Uncategorized
Tags: , , , , , ,

money-politics

According to a new poll, Americans, regardless of their political affiliation, agree that money has too much influence on elections and candidates who win office promote policies that help their donors.

They also think the system for funding elections needs to be fundamentally changed or rebuilt—and they don’t expect such changes to be enacted.

In a related study, the Center for Responsive Politics and the Sunlight Foundation found that, in 2014, the top .01 percent of Americans accounted for more than $1 billion worth of political donations, up from $732.7 million in the previous midterm in 2010. The 61-percent increase far exceeds the rate of inflation or the increase in the election’s total cost, “meaning this top group of donors assumed a far greater role in financing the most recent election than the previous midterm.”

2015_0601ls3

And, finally, there’s not much difference between the two major political parties: the top .01 percent gave to them pretty evenly in both 2010 and 2014.

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