On his MSNBC show this evening, Schultz asserted that corporations donate 1000 times more money to political campaigns than unions do. Or as Ed said, in his inimitably muddled manner,: “unions contribute 1/10th of 1% of their money that corporations put into campaigns. Now think about that: 1/10th of 1%. You got the corporate money over here you’ve got the organized labor money over here.”
How off is Ed? The National Review’s Rich Lowry has documented that in the last election cycle, three unions alone kicked in $170 million to Dem coffers. So corporations would have had to contribute . . . $170 BILLION to match Ed’s alleged 1000:1 pace just for those contributions, ignoring the donations that all other unions made!