Excerpted from Tech Ticker, Nov. 4, 2008
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According to the Center for Responsive Politics, a record $1.6 billion was raised by all Presidential candidates during this interminably long campaign. (The New York Times says the figure could go as high as $2 billion by Election Day.)
What else could $1.6 billion buy ?
- Health insurance for over 130,000 families of four for one year (based on average cost of $12,000 per family per year, National Coalition on Health Care)
- Food for 145,000 families of four for one year (based on moderate cost of $9,500 per family per year, USDA)
- 8 million laptops for the One Laptop Per Child initiative (at $200 each, OLPC)
- Fill the gas tank of an average car 40 million times (based on car with a 15-gallon tank with gas at $2.60/gallon)
- Provide a great cable package for 1.3 million households for one year (Time Warner NYC cable/Internet with one premium channel)
Looking at those stats, you’d think there’d be no debate about whether the $1.6 billion was money well spent.
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