You know how we sense a disconnect between us and the politicians who represent us? Turns out it’s not our imagination:
Turns out politics, for all its focus on the gloomy economy, is a recession-proof industry.
This year’s volatile election is bursting with money, setting fundraising and spending records in a high-stakes struggle for control of Congress amid looser but still fuzzy campaign finance rules.
Based on the latest financial reports, House and Senate candidates in this election cycle raised nearly $1.2 billion, well ahead of the pace for contests in 2008, 2006 and 2004.
Given the economy, it’s a pretty safe bet that all this campaign cash isn’t coming from average Americans. So who do you think our representatives will serve once they get to D.C.? That explains a lot.