Republican billionaires are having trouble generating returns.
You’d think buying an election would be easy. This is, after all, the rough pitch that political consultants deliver when persuading donors to part with their money. (It’s also the primary theme of Bernie Sanders’s presidential campaign.) The formula traditionally goes like this: Out-raise the competition, bludgeon them with attack ads, and watch the votes roll in. In the five years since the Supreme Court enshrined unlimited campaign contributions to organizations not directly affiliated with candidates, money has poured into the political system. And yet spending the cash haul effectively has never been more difficult.
This story is from the December 14-27, 2015 edition of New York magazine.
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This story is from the December 14-27, 2015 edition of New York magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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