The LA Times is reporting that presidential campaign spending in this cycle may exceed $1 billllllion dollars. (Thank God we have campaign finance reform.)
Hot digduggity! So that’s a billion dollars of excess wealth drained from willing participants in the political process to be spent and redistributed to print and broadcast media, creative agencies, and in bars and restaurants where sales are struck. God bless America, and it’s not compulsory. Unlike tax money for social programs, which are too often spent the same way.
