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JRLeft

(7,010 posts)
Sat Feb 13, 2016, 02:12 PM Feb 2016

What do rich political donors get for their contributions?

But among high-income individuals, there’s 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, there’s 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.
19 replies = new reply since forum marked as read
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What do rich political donors get for their contributions? (Original Post) JRLeft Feb 2016 OP
Access. TDale313 Feb 2016 #1
They will vote for and push policies the contributors prefer. JRLeft Feb 2016 #2
Nothing SheenaR Feb 2016 #3
Her supporters agree with her. JRLeft Feb 2016 #4
Everything JFKDem62 Feb 2016 #5
Well they throw the little people a crumb or 2. JRLeft Feb 2016 #6
Where can I pick up my crumb? SoLeftIAmRight Feb 2016 #7
In your septic tank. JRLeft Feb 2016 #8
The oligarchy even steals our crumbs JFKDem62 Feb 2016 #9
K&R nt Live and Learn Feb 2016 #10
it is not just quid pro quo. stevebreeze Feb 2016 #11
Seeing Sanders takes 1 red sent from wall street too maybe we should ask him uponit7771 Feb 2016 #12
Let's ask, but let's start with Hillary's transcripts. JRLeft Feb 2016 #13
Nah, I'd rather start with Sanders and everyone elses... Hillary isn't a criminal uponit7771 Feb 2016 #14
I see so you support Lloyd Blankfein. JRLeft Feb 2016 #16
Is this more meta? uponit7771 Feb 2016 #17
She's his candidate, they're friends and business partners. JRLeft Feb 2016 #19
But so many of her friends are. basselope Feb 2016 #18
A return on their investments. As expected when they invest. Tierra_y_Libertad Feb 2016 #15

TDale313

(7,820 posts)
1. Access.
Sat Feb 13, 2016, 02:15 PM
Feb 2016

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.

stevebreeze

(1,877 posts)
11. it is not just quid pro quo.
Sat Feb 13, 2016, 04:21 PM
Feb 2016

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.

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