“Money politics” has become even more prominent in the U.S. presidential race this year.
In 2010, the U.S. Supreme Court removed the limits on corporate donations to political campaigns and ruled that corporate donations are a protected form of free speech. As a result, this year’s congressional and presidential elections have become the most expensive in U.S. history, with billions of U.S. dollars spent already.
While rich people are throwing loads of money into the presidential election, ordinary Americans are worried about their own financial conditions.
Over the past 20 years, the income of middle-class Americans has been on the decline, and the income gap is becoming increasingly wide.
A poll has found that most Americans believe that too much money has been spent on the elections, and political contributions will only enhance rich people’s influence over the policy-making. No matter who is elected the U.S. president, he is bound to pay more attention to the needs of the rich than those of the poor.
Rich people are enjoying greater influence in politics, while the rights of ordinary voters are being damaged, which runs counter to the U.S. constitutional principle of “political equality.”