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Wanted: More money in politics

Most people worry that there's too much money in politics. But Mark Schmitt, who knows quite a lot about this issue, worries that there's about to be too little.

By Ezra Klein  |  February 8, 2010; 3:41 PM ET
 
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Comments

Mark Schmitt is largely right. I think Obama in 2008 is going to turn out to be a special case. Right now I can not imagine giving anything to Obama in 2012 like what I gave in 2008, nor would I expect many of the people who gave very generously to him to repeat. It's not just that he's been a disappointment, but that the whole system now seems rotten and broken. I realize that the terrorists (GOPers) win if we stop giving, but it is going to take more actual accomplishments not to feel that it is throwing away money to do that again.

Posted by: Mimikatz | February 8, 2010 4:03 PM | Report abuse

Also highly relevant here is the fact that the largely apolitical populous gets far more excited about presidential races than congressional races, making incredibly unlikely (Citizens or no) that small online donations will ever seriously compete with large donor/bundler contributions in congressional races. And, as we have observed over the past year, it's the Congress that has the real power when it comes to drafting legislation.

Posted by: RyanD1 | February 8, 2010 4:32 PM | Report abuse

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