Boosting the Local Economy

I cannot speak well of the results of the election in Iowa, but I can find a few grains of optimistic thought.

Iowa was not North Carolina where the race between incumbent Kay Hagan and Thom Tillis is estimated to have cost more than $110 million. That is right, more than $110 million was spent on a single Senate race in a mid-term election.

In Iowa it is estimated that almost $80 million was spent on the race between Bruce Braley and Joni “Make ‘em squeal” Ernst. Do you realize how much air time $80 million buys in the state of Iowa? It is an insane amount of money.

Consider that in 2012 the Republican candidates for President spent approximately $12.5 million prior to the January caucus.  More than six times that amount was spent on this single senate race in a mid-term election.  For anyone who does not think that outside group spending is polluting the political process I give you this single example.

While the result is disgusting at least that money was pumped into the local economy. Every four years when the crazy train that is the caucus rolls around everyone talks about how local media outlets love all the spending. Now it looks like every two years we might be seeing that kind of stimulus if outside spending continues to taint the political process.

Granted, this is probably just some trickle down or voodoo economics at work.

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