The Scale Of US Election Spending Explained In Five Graphs
William Horncastle via The Conversation | The amount of money spent on US elections eclipses the annual total economic output of some small countries. The total spending by candidates, political parties and independent campaign groups in the 2016 race was US$6.5 billion – comparable to the GDP that year of Monaco, Kosovo or Liechtenstein. The 2020 election cycle is forecast to smash previous spending records, with the Center for Responsive Politics estimating it will cost US$11 billion. That would be comparable to the 2019 GDP of Equatorial Guinea or Chad.