Believe Quote by Joe Biden
“Politics is a damn expensive business. I had one hell of a time trying to raise money as a candidate. I had to put a second mortgage on our house to get that campaign started, and I ended up spending over $300,000 to get elected. I believe that public financing of federal election campaigns is the only thing that will insure good candidates and save the two-party system. It is the most degrading thing in the world to go out with your hat in your hand and beg for money, but that's what you have to do if you haven't got your own resources.”
About This Quote
The speaker critiques the high cost of political campaigns and advocates public financing to protect candidates and the two‑party system.
In simple terms: Campaigns are expensive; public funding could level the playing field.
Key Takeaway
Support public financing for elections.
Themes
politics
funding
democracy
Mood
concerned
optimistic
Type
policy
reform
When to use this quote
- election fundraising
- policy advocacy
- grassroots movements
- legislative reform
Key Concepts
campaign finance reform
candidate equity
Questions to Reflect On
- How can public financing be enacted?
- What safeguards ensure fair use of funds?
A Different Perspective
Implementation faces political resistance and funding challenges.
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