Right after the Supreme Court's decision to lift limits on campaign contributions, Democrats and their left-wing supporters assaulted the decision as a boon to Republicans, "the party of the rich."
This of course is part of a far-wider narrative — slavishly repeated by largely unquestioning liberal media — that the GOP outspends Democrats on campaigns thanks to big-buck donors like the billionaire Koch brothers.
But, as it turns out, that's a lie — as big a lie, in fact, as "you can keep your insurance," "you can keep your doctor" and "ObamaCare will bend the cost curve down."
By almost every measure, in fact, it's the Democrats, not the Republicans, who are the party of the rich.
Start with Congress itself. Who are the wealthiest members? Well, there are 269 millionaires among Congress' 535 members. And most of them are Democrats.
And contrary to the hand-wringing on the left about the Supreme Court's 5-4 McCutcheon v. Federal Election Commission ruling Wednesday, Democrats far outspend Republicans on elections. It isn't even close.
Read More At Investor's Business Daily: http://news.investors.com/ibd-edito...ations-outstrip-republicans.htm#ixzz3TG5tdLgQ
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This of course is part of a far-wider narrative — slavishly repeated by largely unquestioning liberal media — that the GOP outspends Democrats on campaigns thanks to big-buck donors like the billionaire Koch brothers.
But, as it turns out, that's a lie — as big a lie, in fact, as "you can keep your insurance," "you can keep your doctor" and "ObamaCare will bend the cost curve down."
By almost every measure, in fact, it's the Democrats, not the Republicans, who are the party of the rich.
Start with Congress itself. Who are the wealthiest members? Well, there are 269 millionaires among Congress' 535 members. And most of them are Democrats.
And contrary to the hand-wringing on the left about the Supreme Court's 5-4 McCutcheon v. Federal Election Commission ruling Wednesday, Democrats far outspend Republicans on elections. It isn't even close.
Read More At Investor's Business Daily: http://news.investors.com/ibd-edito...ations-outstrip-republicans.htm#ixzz3TG5tdLgQ
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
