So far, the two parties and their backers have spent a half billion dollars on political advertising with much of the placements still to come in the next few weeks. CBS reports the “spend” will top a billion dollars —just on ads.
AP warns: “Get ready, presidential swing states. Now the campaign ad crush — and TV spending spree — really begins.”
This is occurring even as the economy and unemployment remain major issues. Millions of Americans are broke and hurting as poverty grows, but there seems to be no shortage of money to grease politics.