In this supporters’ exclusive midweek episode, Mike and Michael discuss the first New Rule of Politics (which is also an old rule of politics): follow the money. Mike contends that money is the most visible and measurable driver of political incentives, arguing that while it rarely buys votes outright, it is essential for viability and influence. Mike emphasizes how campaign finance evolved into a system where legal, structural incentives prioritize access and donor influence over outright corruption, while Michael highlights how massive spending, small-donor dynamics, and technological targeting reinforce polarization and keep the system escalating.

The guys close with the practical implications: money signals who is viable, shapes which issues get attention, and determines who gets access to policymakers. Mike argues that donors—especially large ones—buy influence rather than outcomes, while Michael underscores that even well-intentioned politicians are constrained by these incentives, leaving ordinary citizens with limited direct influence.

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