First Read: “On its surface, the U.S. Supreme Court’s 5-4 decision striking down aggregate campaign-finance limits appears like a winner for the Republican Party… But here’s an important reminder about all of that money: It doesn’t always buy you victory.”
“As it turned in 2012, President Barack Obama and Democrats won in that election cycle, because what might matter more than overall money is parity — spending is neutralized when one party doesn’t hold a unilateral advantage. And then there’s how the political parties adapt to these campaign-finance changes.”
“Which all hits at this campaign-finance truth: A short-term money advantage doesn’t last forever.”
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