Wednesday, July 09, 2003

Campaign finance reform: another right-wing conspiracy! 

Apparently the non-rich likes to give more money to Republicans than Democrats:

With its superior donor base, the G.O.P. attracted almost 50 percent more contributors than the Democrats and showed a commanding edge among lower-budget donors who gave less than $200 apiece. Sixty-four percent of them gave to the Republicans, versus 35 percent for the supposed party of the people, according to a detailed study by the Center for Responsive Politics, a nonpartisan watchdog group.
In contrast, Democrats received $36 million in hard money contributions of $1 million or more, compared to only $3 million to the Republicans.

What to make of this? An e-mailer on Oxblog considers this a middle class/lower class dichotomy:

People who actually are small donors still have to have enough excess cash to really consider contributing. The Republicans have always had a strong advantage among a broad section of the fairly rich-- the upper middle class, lower upper class, et al. The Democrats have generally had support from the broadly poor and a relatively small number of highly committed supporters among the superrich.
Another possibility is that Democrats suffer from a free-rider problem. Are middle-class conservatives more likely to give money to politicians than middle-class liberals?

In any case, campaign finance reforms that sought to limit soft money would seem to benefit only Republicans. So why are Democrats for CFR and Republicans against it?
Comments: Post a Comment

This page is powered by Blogger. Isn't yours?