The Intelligence from The Economist Your money for a run? Campaign finance in America
5 snips
Oct 16, 2024 
Adam O'Neill, a sharp Washington correspondent, dives into the shifting tides of campaign finance in the U.S., revealing that a candidate's fundraising prowess doesn't guarantee victory anymore. Meanwhile, Matt Steinglass shares poignant stories from asylum seekers on a Dutch ship, shedding light on the new hard-right government's strict immigration policies. Dolly Seton highlights the global skyscraper boom, blending ambition and engineering challenges in a quest for taller structures, making for a fascinating exploration of our modern landscape.
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Democrats' Fundraising Success
- Despite fears of corporate influence after Citizens United, Democrats have matched or exceeded Republican fundraising in presidential races.
- Obama, Clinton, and Biden all outraised their Republican opponents.
Fundraising Landscape Shift
- Large businesses donate to both parties, and small-dollar donors have become increasingly important.
- Targeted emails and major news events drive significant fundraising from smaller contributions.
Harris's Fundraising Edge
- Kamala Harris excels at fundraising, attracting both small and large donors.
- A Republican donor expressed envy, noting that Trump's donor pool is largely tapped out.