Saturday, December 11, 2010

Senators Spend 20-25% of Their Time Fundraising and Campaigning

According to an estimate by retiring Senator George Voinovich.

One question that I have about Citizens United, the decision that allows corporations to spend unlimited amounts of money influencing political campaigns, is whether it will decrease or increase that amount of time. Paradoxically, it is possible that the Citizens United will decrease the amount of time that Senators and Representatives have to fundraise and campaign due to the diminishing marginal effectiveness of spending on the outcome of a political campaign. (At some, more political commercials annoy more than help.) On the other hand, it could be that politicians are going to try to raise as much as possible, given the difficulty of measuring the effectiveness of campaign spending and the sense that more spending is the "safe" bet.

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