Consider this: Both sides have spent a billion dollars, presumably to win over about 7 percent of the electorate.
We spend more and more money each election to win over fewer and fewer voters. Is this the next bubble to burst?
Also, consider the fact that $2 billion is about as much as the federal government borrows every few hours.
If you think about this long enough, you will realize why we spend so much money to persuade such a small group of people: There is a lot at stake. The left often attacks big political donors, notwithstanding its own, as unfairly influencing the government to get what they want. But this is precisely the problem of big government: If we had a small government, then there would be small incentive to influence it.
In fact, there is a very good chance that, despite record levels of anger against incumbents, we might end up with exactly the same situation that we have now: a Democratic president and Senate, a Republican House of Representatives. Although that would make almost no one happy, it would be a great tribute to the design of our Founders — a sign that we are accurately and faithfully represented.