Monday, 1 August 2011

U.S. Election Cycle 2012: Retirees think Obama's best - by a slim margin


When it comes to placing money where confidence or hope lies, then U.S. retirees appear to think a re-elected Barack Obama is worth betting on, according to the Center for Responsive Politics:


†These numbers show how the industry ranks in total campaign giving as compared to more than 80 other industries. Rankings are shown only for industries (such as the Automotive industry) -- not for widely encompassing "sectors" (such as Transportation) or more detailed "categories" (like car dealers).

METHODOLOGY: The numbers on this page are based on contributions of $200 or more from PACs and individuals to federal candidates and from PACs, soft money (including directly from corporate and union treasuries) and individual donors to political parties and outside spending groups, as reported to the Federal Election Commission. "Donations to Democrats," "Donations to Republicans," and the associated percentages are based solely on contributions to candidates and parties. Independent expenditures and electioneering communications are not reflected in the breakdown by party." While election cycles are shown in charts as 1996, 1998, 2000 etc. they actually represent two-year periods. For example, the 2002 election cycle runs from January 1, 2001 to December 31, 2002.

Data for the current election cycle were released by the Federal Election Commission on Saturday, July 16, 2011.

NOTE: Soft money contributions to the national parties were not publicly disclosed until the 1991-92 election cycle, and were banned by the Bipartisan Campaign Finance Reform Act following the 2002 elections. Contributions to Outside Spending groups legalized by the 2010 Citizens United v. Federal Election Commission Supreme Court decision are listed in the "Soft/Outside Money" column as are donations of "Levin" funds to state and local party committees. Levin funds were created by the Bipartisan Campaign Reform Act of 2002.

According to Open Secrets on 28 July 2011:

People listing their occupation on campaign finance filings as retired have given Romney at least $1.6 million. Pawlenty, meanwhile, has raised at least $577,000 from retirees. And retired people have contributed at least $324,600 to Paul's presidential campaign and $160,300 to Bachmann's.
Obama, meanwhile, has reported raising at least $3.1 million from retirees.

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