Millions of dollars being poured into politics. How is this affecting the economy?

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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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Anonymous 0 Comments

Millions of dollars is tiny on the scale of the national economy. It doesn’t have a meaningful impact.

Most of the money spent in politics goes towards advertising. So it’s a small subsidy to advertising venues – but that’s also spread between TV, print, Internet ads, billboards, etc. So it’s still not moving the needle much in any single area.

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