59% of corporate PAC money went to Democratic candidates in 2009 but swung right in 2010.
Despite stimulus spending on infrastructure projects and the promise of more, Construction giving swung hard from ~73% Democratic to ~71% Republican.
Brody Mullins and Alicia Mundy published this chart on the WSJ Politics page (http://on.wsj.com/ctW27q) on 9/21/2010 as part of a series depicting corporate PAC giving to candidates. The data came from the Center for Responsive Politics.
Brody Mullins and Alicia Mundy at the WSJ published a set of graphs showing the swing in corporate political giving from left to right.
Brody Mullins and Alicia Mundy, Corporate Political Giving Swings Toward the GOP, WSJ.com Politics, 9/21/2010, http://on.wsj.com/ctW27q
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The correct graph would be under “overview”. The one you embedded is only the sub-section of construction companies.
The actual graph shows a much smaller gap between what the GOP is getting vs. what the Democrats are getting. The GOP has a slight advantage right now, but it’s not nearly as big as the Dems’ advantage was in 2008.
This isn’t really that hard to understand, though. They go with who they think is going to win.
… but I decided to start with the Construction chart, in part because it shows the most spectacular swing.
What are construction companies going to get from Republicans? If R’s gain power and follow through with their stated objectives, construction companies are screwed. There won’t be significant infrastructure spending for years.
Most of the big Colorado highway projects happen under Republican governors. Think T-REX and Highway 285 through the foothills.
The only projects I’ve seen under Ritter and the Stimulus bill are light rail, bike paths, and long-overdue bridge replacements along 285 in town and Alameda over I-25.
Light rail and bike paths are all well and good, but they are trivial compared to TREX etc.