People who say super PACs “lost” on Election Day are missing a crucial point. Nick Confessore at the New York Times sums it up:
In virtually every respect, the growth of unlimited fund-raising and the move of outside groups to the mainstream of politics have magnified the already outsize role of money in political campaigns. They have changed how incumbents and challengers alike campaign and raise money, altered how voters experience politics, and expanded the influence of a small group of large donors on the policies and messages espoused by candidates.
Candidates have to spend more time raising money to keep up with outside spending—or the threat of it—and these groups give a handful of wealthy Americans way too much power over the political process.