Wednesday, January 8, 2014

Economic reform essay

     There have been a number of economic reform discussed by the House of Representatives, and the Senate over the past several years. These reforms work in both directions, decreasing donations in politics, and increasing the amount that can be donated. The elimination of soft money, and the raising of limits on individual campaign contributions have both been discussed.
     Soft money, AKA the endless anonymous donations to a campaign, or candidate, often through the proxy of a Special Interest Group. Some of the possible reasons in favor of eliminating soft money are general arguments against corruption in the government, and more specific complaints against big business holding the government by the metaphorical throat. Some arguments cast in favor of keeping the usage of soft money are that removing it would violate free speech, and that it would take away the right of the people to spend their money as they wish. In essence, it would be difficult to eliminate soft money, due to those defending it, but there are still those attempting to abolish the practice.
     Raising the limits on individual campaign spending would allow for those in power to be granted more funding by others in power, who desire their views to be heard/ seen in a political environment. A reason to support the increase in donations, is that humans, especially American's, have the right to say, and do what they want, and campaign contributions allow for you to express your opinion by assisting someone with the same ideals to be put into political power. A good reason to stand against the increase in individual campaign contributions is that by increasing the amount of money that could be donated, they would increase the amount of power lying in the hands of the wealthy, even those whose views and opinions are purely self beneficial.
      Citizens United had a case, which reached the Supreme Court; the trial decided that it was against first constitution rights to restrict the amount of money that can be donated by individual spending.

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