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It’s a money aristocratic system, and that’s really bad for anyone not belonging to the aristocracy.
And if they continue on this path, we might see heads roll.
Consider that Hillary outspent Trump 2:1 in the 2016 election, and lost. Same story in 2024, Trump was way outspent by Harris. Harris lost.
Advertising doesn't work if the message is bad.
You can't have it both ways, (i) free market is ideal and efficient. Prices are correct and fair etc etc (ii) But doesn't apply to campaign spending.
Oddly, basically everyone says this about advertising in general, and yet it consumes approx 3% of world GDP.
All those checks to business owners and farmers. Huge slush funds.
Californians used it to buy houses in smaller cities across the country.
Not doubled but a windfall of cash into accounts for the wealthy none the less.