The Price of Politics
In the just concluded presidential election campaign in the United States, the candidates and their party allies spent a combined $2 billion according to a report on Reuters on November 7, 2012. Journalist Bob Woodward has published a book entitled The Price of Politics (2012). The $2 billion of spending by the presidential candidates is just the tip of the iceberg represented by the idea behind the title "The Price of Politics." In a New York Times review of Mr. Woodward's book, the reviewer observes that: "As a plethora of election-year polls and surveys indicate, Americans are fed up with a deeply dysfunctional Washington paralyzed by partisan gridlock and increasingly incapable of dealing with the daunting problems facing the nation . . . an inability to focus on long-term solutions instead of temporary Band-Aids." Quoted from 'The Price of Politics,' by Bob Woodward, book review by Michiko Kakutani, NY Times, September 7, 2012,