Need Data About Election Spending v Results
Having an argument with some pinko who believes in controlling speech
So I need data about how about money doesn't correlate to results.
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Answer by Cutlass
Oops, looks like I posed my answer in the wrong place.
Anyway, I liked this tidbit (from Steven Levitt in Freakonomics, 2003):
"In a typical election period that includes campaigns for the presidency, the Senate, and the House of Representatives, about $1 billion is spent per year—which sounds like a lot of money, unless you care to mea- sure it against something seemingly less important than democratic elections.
It is the same amount, for instance, that Americans spend every year on chewing gum."
Answer by Cutlass
Fred,
Freakonomics debunked this myth of campaign spending (this is a podcast transcript, I believe more data is in the first Freakonomics book). Here's one relevant study (google turns up others).
As with every thing from baseball to education, it all depends on how you spend the money. Imagine that?
Cutlass: Changed to an "Answer."
Edited on Feb 14 at 5:16pmJoin Ricochet or Sign In to add your comment.