The role of money in the 2012 election has long been decried. And new reports show the 2012 presidential campaign cost more than $2 billion. Overall campaign spending this year was a record-breaking $6 billion.
That sounds like big money — which got me curious. Turns out, Americans spend way more on other stuff. A few examples of yearly expenditures from the most recent Census data:
We also spent $10.4 billion going to the movies.
And we spent $32.7 billion on memberships to clubs or sports centers.
You’ll be interested to find that even this pales in comparison with the stimulus spending Obama wants to include in the debt deal — that’s $255 billion. And our election spending is way, way, way less than the $1 trillion-plus in deficit spending Obama has presided each of his years in office.
What do you think, readers? Are Americans overspending on presidential elections?