astronomical 'money feast' u.s. presidential election... "election cost per person, 40 times higher than britain and germany."

With the U.S. presidential vote just 10 days away, analysts say the total cost of the election will reach $15.9 billion (about 22.1089 trillion won).

The Wall Street Journal, citing the "Open Chicitz," which tracks election costs, reported that it was down from the 2020 presidential election ($18.34 billion), but nearly double the number in 2016 ($8.51 billion) and three or four times larger than in 2000 or 2004.

"The U.S. election is a very exceptional case compared to advanced democracies," he said, noting that Canada's election period is only 36 to 50 days, and the total cost was only 69 million dollars (about 95.9 billion won) during the 2021 election.

It also added that the cost of elections per voter in the United States is 40 times higher than in the United Kingdom and Germany.

This high-cost election structure in the United States is largely based on the characteristics of the United States itself.

The country itself is so vast and still maintains its unique tradition of federalism that it costs a lot of money to maintain the election system.

On top of that, the tradition of holding elections together in the House and Senate and the implementation of the primary system from the stage of each party's selection of candidates is increasing in cost and duration.

Unlike most countries, such as the UK and France, which have strictly limited the upper limit of election costs by law, the U.S. approaches the issue from the perspective of freedom of expression, which rather deregulates it further.

For this reason, both Democrats and Republicans are criticized for creating a political environment in which they have no choice but to cling to their high-value sponsors.According to

Open Secrets', only 23 supporters of high-stakes political funds worth $1 million (about 1.39 billion won) or more during the 2004 election, but 408 "big hands" all contributed $2.3 billion in this election.

According to a recent survey by Pew Research, 7 in 10 Americans said they were in favor of limiting the cost of the election, with only 1 in 10 opposing it.