US campaign finance

I’ve come across a great article for students and teachers on the spiralling cost of US elections.

It covers most of the territory that I teach on the topic when outlining the case to suggest that while the race for the presidency is expensive, we have to place this in context: the USA is large country, the contest lasts many months, as a proportion of the GDP of the world’s richest country the cost is minimal, Americans spend as much in an annual cycle on any number of things (or far more in some case, e.g. it is estimated that the US population spends over $100b every year on fast food!), the greenback doesn’t always rule - i.e. the candidate who spends the most doesn’t always win.

Read the CNN piece here.