The Forward has a nice editorial on how that money could have been spent on other things.
Six billion dollars. Six billion dollars.
That’s the amount spent on the 2012 election campaign, according to an analysis of Federal Election Commission data by the Center for Responsive Politics. It is by far the most money spent on an election in American history — probably in human history — and that is thanks in large part to the nearly $1 billion raised and spent by the newly-sanctioned, supposedly independent organizations known as super-PAC’s this year.[...]
Just think of what $6 billion will buy. Not just 30 million iPhone 5s or 15,503 Lamborghini Aventadors, as one website cheekily noted. Serious stuff. Life-saving stuff.
A sea barrier of the type that protects major cities in Europe could have prevented superstorm Sandy from destroying lives and property in New York. Its cost? Engineers have estimated $6 billion.
An accelerated availability of antiretroviral drugs could prevent 7.4 million people from dying of AIDS, and another 12.2 million from contracting HIV, by 2020. The cost? Scientists have estimated $6 billion.
A millennium vaccine fund could commit to purchasing an effective malaria vaccine for each of Africa’s 25 million newborn children, thereby preventing untold deaths and suffering. Its cost? Harvard economist Jeffrey Sachs puts it at $3 billion.
There’d be another $3 billion to spare. With that, we could buy nearly 500 new public elementary schools, or build 225 small hospitals.