Distraction and Waste: The Great Electioneering Spending Stimulus
Democracy, The Left, The Right, Vulgar PoliticsI’m hearing reports that nearly $1 billion has already been spent on US House elections alone. Sheila Krumholz of the Center for Responsive Politics predicts “$3.7 billion will be spent on this midterm election.” That’s 30% more than last time. It’s no surprise that the more legal plunder government is able to redistribute, the more people are willing to spend to gain control of the state. Obama is making Bush the Younger look thrifty and the next president will likely do the same for him. The increase in electoral spending will continue apace.
Such a distraction and waste of money political elections, especially national elections, are. As I explained in Voting, Moral Hazard, and Like Buttons: “The very existence of [a] centralized voting system for deciding public matters of moral importance encourages citizens to focus their energies on this formal democratic process, which is to say that it encourages the wasting of time and money on vote getting (or buying), at the expense of getting anything actually productive done in a timely fashion.”
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