Tuesday, December 4, 2012

Political Contributions To Presidential Candidates

Washington Post's Harold Meyerson has put together an analysis of the major groups of contributors to the Obama and Romney campaigns.

The results are very interesting. Meyerson summarizes:

"Obama won overwhelming backing from the most productive and innovative sector of American capitalism. Romney won the backing of finance and casinos, whose contributions to American productivity and well-being are more difficult to discern, and which are industries based on reshuffling resources in games the house almost always wins. Obama, if you will, won the makers; Romney, the takers."

That observation is based on where serious money came from. It is quite a different matter to analyze where the votes came from and why.

I'll save that for later.

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