Tuesday, October 26, 2010

Elections are good for the economy, let's have more

Daniel Gross wrote that elections pump a lot of money into the economy, almost all of it spent domestically.  According to Open Secrets http://www.opensecrets.org, over $3.6 billion dollars has been spent on the 2010 campaigns as of 15:40 CDT, 26 October.  Watching their meter, I'd guess $1,000 is being spent every 13 seconds.

See Quantitative Electioneering, Yahoo!Finance, 2010-10-26.

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