A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.Overall, this group of billionaires skews toward former President Donald Trump and the Republican Party — although there are Democratic megadonors...

A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.

  • bazus1@lemmy.worldEnglish
    2·
    3 months ago

    You’re correct, that they can and often do donate to both sides of the two-party system, but you’re missing that it’s money candidates need to bring awareness and amplify their message, motivating people to vote them into office. If the voting doesn’t matter, if the whole result is a foregone conclusion, the money and influence campaign is meaningless and doesn’t occur.