Today elections are a game of money. The ones with the deepest of pockets survive. In fact, it’s become the norm in America since 1976, that the candidate who has raised the most money by the end of the year preceding the election, has become his party’s nominee for President. Bush and Kerry raised a total of nearly half a billion dollars each for the 2004 Presidential elections. The battle between the Republicans and Democrats is fought primarily on TV, thus making it a very expensive warfare. During the mid-term polls held this year, some $2 billion were spent on the United States election campaign ads.
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
