Campaign Spending

Written by  //  January 10, 2008  //  Economy  //  No comments

The $1 billion campaign
Jan 8th 2008
From Economist.com
THE American presidential race in 2008 will be the costliest campaign yet, with the candidates of each of the two main parties getting through $500m each by November. Add the cash raised by the losing candidates, spending by national committees, political-action groups and the like, and Fortune magazine reckons the total cost could be $3 billion. Campaign-finance reformers bemoan the corrupting influence of such large sums. But a more sanguine columnist, George Will, points out that Americans spend $2 billion on Easter treats.

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