Wealthy Candidates Should Fund Their Own Campaigns

Why scrounge around for small-dollar donations when you’re sitting on personal wealth?

Share this story

From left to right: North Dakota governor Doug Burgum, Vivek Ramaswamy, and former president Donald Trump

Dan Koeck, Eduardo Munoz, Scott Morgan/Reuters, NR Illustration

I’d have more respect for rich people in politics if they didn’t spend their time begging people who are much poorer than they are for money.

Donald Trump (net worth: $2.5 billion), while he did put up some of his own wealth to enter politics, now has an entire ecosystem of affiliated organizations that use the most absurd “mega-MAGA-patriot-take-our-country-back-55-times match” schemes to schmooze $10 out of random elderly people and then spend more attacking Republicans rather than supporting them. Doug Burgum (net worth: $1.1 billion) is giving people $20 gift cards if they donate as little as $1 to his campaign. And Vivek Ramaswamy (net worth: $630 million) has turned his campaign into a multi-level marketing scheme.

Dominic Pino

About the Author

Dominic Pino

Dominic Pino is a former economics editor and Thomas L. Rhodes Fellow at National Review and the former host of the American Institute for Economic Research podcast Econception.

Comments

Advertisement

Advertisement