I'm sorry but your argument doesn't make much sense.
If money had such a large influences then why did a Presidential candidate who spent about half the other candidate win?
And then you claim the President will control the money, but the President doesn't control campaign funds. They don't even control government spending, Congress does.
> You have a risk of ending up with one or more people in congress who owns favors to the other branch of government. Or who are afraid of having a harder time defending their seat if they criticize the wrong person. And that people shrug this off as "well, that's how politics works" is really dangerous.
Ok, this makes more sense.
But the issue you raise isn't unique to the US system. It's not even unique to politics. Any human interaction can result in people "owning favors".
If you criticism is just human behavior, then I agree. But not much you can do to solve that.
Because there was more enthusiasm for the politics and/or they spent it better? But ask yourself if someone with even more support for policy but $0 could have won. And if not, why.
> Any human interaction can result in people "owning favors".
Economic favors we usually call "corruption".
When I look around the planet I find few places (among western liberal democracies) that have the same sickness with money in politics.
If you look at "democratic health" as e.g. "how many in a parliament were born to (very) rich parents", it feels like there is room for improvement.