An American friend advised a small correction to yesterday’s blog. Elon Musk actually spent some $450 million on the midterms including over $200 million alone to support the defeated candidate Ken Paxton in Texas. Mind boggling. There is no room for this sort of money in US politics and reform of election finance should be a key priority for the Democrats.
However, reassuringly, whilst money may buy a small advantage in closely fought races, when the trend is strongly against you, it seems to make little difference. Good.
The size of the Democratic victory in the midterms continues to grow and the reshaping of American politics will remain exciting!
Published by Julian Samways
Julian is a former Conservative Parliamentary candidate who now runs an international marketing and media relations consultancy for leading financial services companies, working predominantly with asset managers on all aspects of global political, business and investment trends. He undertook a role advising the Conservative Party on candidate selection and training and was active in the ‘Remain’ campaign understanding the potential impact of Brexit on international businesses who have chosen the UK as their route into Europe. He periodically comments on current affairs for a range of media outlets as an independent contributor with an inside track on centre right politics.
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