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by jules 3904 days ago
The $5k limit is irrelevant. PACs can funnel an unlimited amount of money into campaigns as long as they are "independent". Besides, average Joe certainly does not even have $5k to spend on a campaign, so yea if it were true that the $5k limit is relevant then the politician would have to reach out to thousands of rich people. But even that isn't true.
1 comments

The government should issue everyone $5k to spend on politics (and only politics), then it would be democratic.
Congratulations, you've invented Larry Lessig's idea. He noted that $50 per voter would be enough to swamp the contributions from the billionaires.
That's just voting