The AP today lays out evidence that “politics, for all its focus on the gloomy economy, is a recession-proof industry,” in that “this year’s volatile election is bursting with money, setting fundraising and spending records in a high-stakes struggle for control of Congress amid looser but still fuzzy campaign finance rules.”
Worth a read, particularly if you took the summer off from coverage of Election 2010 and are wondering, as you come in from the beach, whether there’s any money in it.
Liz Cox Barrett is a writer at CJR.