Can’t Buy Me Gov
Money talks. The question is whether or not people will listen. In several high-profile Tuesday elections, the answer was no, as voters gave money a run for its money. “Tuesday’s primary night was a poor showing for California’s tech billionaires and founders who viewed statewide politics as the next frontier for their ambitions.” Politico: Big Tech’s big flop on primary night. Is this indicative of a larger trend? Possibly, but there are some key reasons why candidates flush with cash flushed it right down the toilet. It could be the fact that many voters don’t pay attention to election choices until the last minute (and don’t want to). It could be that voters get turned off by a months-long onslaught of TV commercials during local programming. (In 2026, I’ve spent more time with California gubernatorial candidate Tom Steyer than I have with my own family.) It could be that the candidates themselves were weak, and that money is better spent on propositions, measures, and other elections where the human factor is less of an issue. Or, it could be that this was just a blip on the radar, and that the billionaire political winning streak will keep on keeping on. In these particularly deep-pocketed times, the lesson most likely to be taken away by bigly donors is that they need to spend even more. Expect to see the consequence of that insight playing out across your state and your screens as the midterms approach.
+ “Call it the billionaire bust. It underscores the limits of money’s influence on elections in a state as vast and diverse as California, where most voters don’t start paying attention until their ballot hits their mailbox and where the electorate has a historic populist streak.” SF Chronicle: Wealthy candidates and donors had a rough night.
+ “The contours of a premier Senate race took shape in Iowa, while President Donald Trump’s endorsement streak ran into a roadblock there. Democrats chose a nominee for a House race in New Jersey that could decide control of the chamber. But much of the focus was on California, home to Hollywood but not a governor’s race packing much star power.” California may be home to the most advanced computing in the world, but we sure count slow. Xavier Becerra leads the gubernatorial race and incumbent Karen Bass secured the top spot in the running for LA Mayor. Who will they be running against? We’re still counting. AP: Takeaways from primaries featuring Spencer Pratt, a missing congressman and a rare Trump setback.


