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Michigan governor says not voting for Biden over Gaza war ‘supports second Trump term’
(www.theguardian.com)
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this post was submitted on 26 Feb 2024
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politics
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It costs more money to get ten million $1 donations than it does to get one $10,000,000 donation. You have to advertise, put up a website, collect donations, and possibly pay service fees for the charges. One giant novelty check from a billionaire means more of that money goes into their coffers.
It's the same reason websites have advertising rather than memberships: Ad dollars are cheaper to get.
It costs more money to get the $10M donation, but it's paid for by taxpayers rather than the candidate.
Lol
You think thos 20k a plate fundraisers cost zero?
The difference is the in person schmoozing with all those donors. The people running the party want to be paid to attend shit like that and having wealthy people suck up to them
I think getting $19,000 out of $20,000 is better than getting $0.90 out of a $1 donation, yes. It's called cost-of-revenue.
But you're right about the schmoozing. The donors love that shit. But there's also massive armies of political operatives whose livelihood depends on getting paid a ton of money to repeat facts back at the candidates.
Advertisers, analysts, pundits, news orgs, and a ton of other people rely on elections being both as expensive and as frustrating as possible. That way they get a ton of money, and sell a ton of eyeballs.
Sure, if you're making up random numbers anything can be justified...
But talking to someone who does that isnt something a lot of people are going to want to do bud.
Talking to someone who can't understand a common business concept isn't much fun either
I think they understand that concept fine, it's just that getting 97¢ out of twenty thousand $1 donations is better than getting $18k out of $20k, so if we're making up numbers it can go either way.