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Democracy For The People
PIRGIM Education Fund is pushing back against big money in our elections and working to educate the public about the benefits of small donor incentive programs, to amplify the voices of the American people over corporations, Super PACs and the super wealthy.
The money election
One person, one vote: That’s how we’re taught elections in our democracy are supposed to work. Candidates should compete to win our votes by revealing their vision, credentials and capabilities. We, the people, then get to decide who should represent us.
Except these days there's another election: the money election. And in the money election, most people don’t have any say at all. Instead, a small number of super-wealthy individuals and corporations decide which candidates will raise enough money to run the kind of high-priced campaign it takes to win. This money election starts long before you and I even have a chance to cast our votes, and its consequences are felt long after. On issue after issue, politicians often favor the donors who funded their campaigns over the people they're elected to represent.
Super PACs and Super Wealthy Dominate Elections
Since the Supreme Court’s Citizens United decision in 2010, the super wealthy and the mega donors have gained even more influence in the “money election.”
Take the recent mid-term elections. Our report The Dominance of Big Money in the 2014 Congressional Elections looked at 25 competitive House races, and in those races the top two vote-getters got more than 86 percent of their contributions from large donors. Meanwhile, only two of those candidates raised less than 70 percent of their individual contributions from large donors.
This disparity was also on full display in the 2012 presidential election. Combined both candidates raised $313 million from 3.7 million small donors giving less than $200. However, that $313 million was matched by just 32 Super PAC donors, who each gave an average of more than $9 million. Think about that: just 32 donors — a small enough number that they could all ride on a school bus together — were able match the contributions of 3.7 million ordinary Americans.
So what happens when a handful of super rich donors spend lavishly on elections? For one thing, their money often determines who wins an election. In 2012, 84 percent of House candidates who outspent their opponents in the general election won.
But perhaps the bigger problem is what it does to the public’s trust in their democracy, and the faith we all place in our elected officials. Americans’ confidence in government is near an all-time low, in large part because many Americans believe that government responds to the wishes of the wealthiest donors — and not to the interests or needs of regular Americans.
It's time to reclaim our democracy and bring it back to the principle of one person, one vote.
RECLAIMING OUR DEMOCRACY
Small donor empowerment programs that encourage the participation of the average American in the political system are a key weapon in the fight to reclaim our democracy. These programs provide public matching funds to campaigns for small donations and offer tax credits to encourage everyday citizens to make small campaign contributions.
These programs can help focus candidates for office on seeking the broad support of the public rather than the narrow support of a few moneyed interests and help bring more ordinary citizens into the process. Their track record is impressive – for example, under New York City’s program, in 2013 participating City Council candidates got 61% of their contributions from small donations and matching funds, and in 2011, all but two winning city councilors used matching funds. If enacted nationally, a similar program could fundamentally shift the balance of power in our elections from mega-donors, back to ordinary citizens.
That’s why we’re working with our national coalition to educate citizens about the solutions that we can act on now to amplify their voices above the voices of megadonors and special interests. By assembling a broad coalition of support, educating and mobilizing citizens and digging deep into the impact of big money in our elections with our reports, we’re bringing democracy back to the people.
Together, we can win real changes now in how elections are funded throughout America — so more candidates for more offices focus on we, the people, instead of we, the megadonors.
Your tax-deductible donation supports PIRGIM Education Fund's work to educate consumers on the issues that matter, and to stand up to the powerful interests that are blocking progress.
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