Tuesday, September 23, 2008

How much of someone else’s money would you spend to be president?



Washington Post Article


The presidential election is a race that all of America can bet on. We can show how confident we are that we’ve “bagged us a winner” by simply throwing our money like confetti in the wake of our respective nominees marching toward the winners circle or oval in this case. However, if you wagered more on your candidate does that mean you’ve increasing their chances of winning?

The 2008 presidential election between Senators John McCain and Barack Obama has become a spending spree for the ages. In a recently released diagnostic by the Wall Street Journal, the two nominees have managed to spend over a half a billion (685.3 million) on their combined campaigns. With Senator Obama way out spending Senator McCain. In fact, his over all expenses more than double those of the humbled John McCain. This combined total is already about the entire spending of 2000 presidential election and easily more than half of 2004.

Financial Spending for the last 3 Presidential Elections

“You’ve got to spend money to make money,” that’s what they’ve always said. Only neither of these two candidates are selling the American people anything other than themselves. If that’s the cases, then Obama must be about twice the worth of McCain right? And if so, his words and promises must be as well. Senator Obama has promised to turn this country around with no more “wasteful spending on obsolete federal government programs that make no financial sense.” Yet he feels that a necessary expenditure would be to market himself to the American people by nearly twice as often as his opponent. If his ideas were solid, then why would we need to hear them twice. Maybe it's because he's not telling them the first time? Does the man with less experience at dealing with financial problems but the more promises to fix them, deserve my money or more importantly my vote?

Where pray tell do we imagine Obama’s going to pay back all this barrowed money from? It certainly won’t be out of the pocket books of those rich, “fat-cat” republicans that refuse to throw their hard money behind McCain; will it? It’s not like they deserve it anyways.

In the last couple of months there has come a dramatic swing in McCain’s spending for his campaign. In a lot of ways it seems to be bringing him back from the brink of defeat and putting him back on his feet. Does this mean that you can buy your way into the white with someone else’s money or did McCain randomly just become more appealing to you too?