I would like clarification of something. The New York Times reports today that the GOP has raised about $190 million in this election cycle (mostly hard money) and the Demos about $130 million (mostly soft money). Two questions: 1) does this mean that the GOP raises a lot from small donors, while the Demos raise a lot from big donors? 2) What will this mean for the Demos after the so-called reforms kick in the day after the election? Will not the Demos be massively disadvantaged by the new law? Somebody explain this to me. Simply, clearly, please, I teach theory.
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