▲ | oezi 19 hours ago | ||||||||||||||||
From the outside the US has shifted to a oligarchy where money buys elections. Europe's democracies are certainly straining. Primarily from its news companies being minimized by Google and Facebook (and now TikTok) which have extracted most ad revenues on which news depended. | |||||||||||||||||
▲ | ctoth 13 hours ago | parent [-] | ||||||||||||||||
> From the outside the US has shifted to a oligarchy where money buys elections. The data simply doesn't support that narrative. Looking at the last 4 presidential elections: 2024: Trump won, Harris outspent him ($1.9B vs $1.6B) 2020: Biden won, Biden outspent Trump ($1.06B vs $785M) 2016: Trump won, Clinton outspent him ($614M vs $368M) 2012: Obama won, Obama outspent Romney (~$1.1B vs ~$1B, essentially tied) The higher spender won twice and lost twice. 2016 is particularly striking - Clinton outspent Trump by roughly $200-450 million depending on how you count it, yet lost. | |||||||||||||||||
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