When I read of all the millions involved in political campaigns I wonder what effect it is having on the economy. I almost see it as wasted resource, but know there’s more to it than that.
Whether from private individuals or organizations, this has got to have an impact somewhere. Where does it come from? Where does it go? Does it prop up advertising, venues, local businesses in a large way? Has it become a key part of our national economy?
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It’s just not that much money in the context of a $27 trillion dollar economy. There are a handful of companies that see some benefits, and advertising gets more expensive during campaign season, but that’s about it. It doesn’t amount to much.
As for waste, money can never be wasted since it’s not real. Resources, labor, and productive capacity can be wasted, and they are in this case. But not much.
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