Campaign Funding

In Chapter 10, we learn a lot about the election of our political leaders, the extent to which people vote, how candidates campaign, the outcomes of the election, the electoral college, and funding.There are many ways of getting funded including personal funding, Political Action Committees, political party funding, public funding, 527s, 501s, and super PACs. Without this funding, people would not be able to advertise, get information from polls, or put themselves out there nearly as much as they do today. Over time, the cost of funding each campaign increases. This can hurt our democracy because campaigners will take sides on issues that coincide with the people who will be able to provide them with the most money. There are ways that the government has tried to stop this from happening, but it doesn’t necessarily work. According to Opensecrets, the cap that one individual person can contribute as of 2015, is $2,700. In congress, 48% of the funds come from these individuals, so they aren’t going to stop trying to please these people. They are focused on the rich individuals, which could prohibit other people’s opinions from getting heard.

Another problem with political funding is PACs and super PACs. PACs are able to give money directly to the candidate, whereas super PACs cannot. The super PAC was born in 2010, so it is still very new, but has caused problems in our government. According to CNN, they have been known to be very corrupt. Wealthy business owners and corporations may get involved in a super PAC to push their own agendas. Even though they can’t speak directly, candidates are able to talk over strategy with the super PAC managers. This again help promote the interests of the people funding the campaign. Opensecrets reports that 23% of all funds given to an individual is in a PAC. This means that overall, 71% of funds come from rich people, corporations or organizations trying to get their interests met. This proves that equal representation in our democracy may not be totally true. Not everyone has the same say in politics, and since money is so critical to success and power in our society, it makes it very hard for rich people who want to help to not be met with rewards from the person they support. This could be fixed by possibly putting a cap on the amount of money people can put into a super PAC. This would then make it similar to the regular individual funding.

The funding of people’s campaigns are hurting our democracy. If it keeps increasing at the rate it is, we will only have more problems. American campaigns are much more expensive than many countries. We can learn from other countries to cut down our costs and be more efficient in campaigning.  According to MIC, Americans can benefit from Norway and cut down spending by banning advertising on radio and television, as well as making the election season rather short. This would help our country to help avoid the problems that occur with donations. 

 

https://mic.com/articles/91111/what-america-can-learn-from-norway-s-success-in-regulating-campaign-finance#.FPMGJ0ML9

https://www.opensecrets.org/overview/limits.php

http://www.cnn.com/2012/02/15/opinion/wertheimer-super-pacs/index.html

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