2016 Postmortem
Related: About this forumWhat do rich political donors get for their contributions?
But among high-income individuals, theres a clear pattern. If rich people are in favor, the policy is significantly more likely to become law. (The y-axis in both charts is logit regression coefficients. The coefficients translate into about a 65% increase in the probability of a policy passing when it goes from 0% to 100% support among rich people).
Gilens notes that on many issues, theres not a whole lot of difference between what poor, rich, and middle-class people think. But on some issues there are some serious differences, particularly on tax, regulatory, and trade issues. Gilens writes:
Greater representational equality would have a substantial effect on several important economic policies. We would have a higher minimum wage, more generous unemployment benefits, stricter corporate regulation (on the oil and gas industries in particular), and a more progressive tax regime. Some of these policies are favored by a majority of Americans at the 90th income percentile as well, but not with sufficient enthusiasm to overcome opposition from business and other interests. We would also see a more protectionist trade strategy and less foreign aid.
https://sunlightfoundation.com/blog/2012/08/15/what-do-rich-political-donors-get-for-their-contributions/
How can anyone believe money has no influence on politicians. Your head has to be in the sand.
TDale313
(7,820 posts)That's really what it comes down to. In many cases it's probably not a clean-cut quid pro quo, but you now have their ear and some confidence that they'll be sympathetic to your issues.
JRLeft
(7,010 posts)SheenaR
(2,052 posts)Pure Charity as we all now know after watching the debates
JRLeft
(7,010 posts)JFKDem62
(383 posts)They get it all.
JRLeft
(7,010 posts)SoLeftIAmRight
(4,883 posts)???
JRLeft
(7,010 posts)They leave it for you there with a side of shit.
JFKDem62
(383 posts)Retirement savings
House value
Jobs
Live and Learn
(12,769 posts)stevebreeze
(1,877 posts)Donors don't give money to change politicians mind. They give to politicians that agree with them and they want elected.
Sometimes they give purely because the perceive a politician is likely to win. This acts basic operant conditioning, just like teaching a dog. The dig is not happy to roll over but you reward them dropping their head lower to the ground. Then you entice them to roll on their back. Pretty soon they are playing dead and fetching when you want them to. More or less the same with politicians who have little contact with people of lesser means.