While reading the "Money" section of the latest USA today I came across an interesting story about economics being the top priority in the upcoming election. The article "What's on voters' minds? The economy, stupid" looks at the Republicans and Democrats economic stance in their respective campaigns. As the market continues to take a fall, many Americans are becoming increasingly concerned about their money and investments. According to the article the "economy is the decisive issue in the upcoming election, topping the war in Iraq by more than 20 percentage points." Also in the article we see the wasted money of donations and a flawed political system.
The next president will be stepping into an economic situation that will be falling even further. Although the situation may last through the end of this year and even further, history has shown us that the market always rebounds. What Americans are looking for is a president to find a way to stimulate the economy and help keep the prices of goods low. Both parties have plans and agendas for the economy if they are elected president of the United States.
The number one point in this article that sticks out is the donations made by Americas top investment firms to the presidential campaigns. The democratic front-runners, Barack Obama and Hillary Clinton have received $55 million and republican John McCain has received $12.6 million, nearly five times less. These amounts are from the entire campaign through January. Its concerning when you see so much money being tossed about. It's naive to think that these firms don't have an influence on the politician's agendas. Our election system is overdue for a correction of policies. These millions of dollars could have been saved and used for other purposes.
We may never see a correction in our election moneys process with the rate we are going. Each year the wasted money increases and we have yet to see a big stance by any politician to correct the issue. Until we have a change in these specific policies we will continue to see our elected officials influenced by corporations.
http://www.usatoday.com/money/markets/2008-03-06-markets-election_N.htm



