Nowhere in the world has so much money been spent on an election campaign for a head of state as in the United States. In 2020, when Joe Biden was elected, the two opponents spent a combined $5.7 billion. This is more than double what it was four years ago.
This time too the money collection machine is busy. Democrats can celebrate receiving $310 million in donations in July. Two-thirds of the time it was clear that former Vice President Kamala Harris would run after President Joe Biden dropped out of the race.
During the same period, $138 million was donated to Republican Donald Trump.
But how much money does it take to be elected to lead America? Does the size of the campaign budget ultimately determine who is president? What effect does the economy have on elections?
A Conversation with James Davies. American is Professor of Political Science at the University of St. Gallen, where he focuses primarily on international politics.
Editor at the microphone: Insa Wrate
Technology: Gerd Georgii
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