Started by Michael Slusser, December 08, 2011, 12:01:12 AM
Quote from: peter_speckhard on December 13, 2011, 11:23:50 PMThere is a vastly diminishing return for money in politics, or so it seems to me. Most people on this board had reasons for voting the way they did that had nothing to do with money or campaign mailings, commercials, robocalls, etc. For example, I'm am nigh on certain I won't be voting to re-elect Obama. How much money would he have to raise to change my mind? He could buy a full page ad in every paper every day, run a commercial on every commercial break on every channel from now until election day, have high priced pollsters in every precinct in the country and generally spend campaign money like he spends taxpayer money and I still wouldn't vote for him. And I'm sure a lot of Democrats will vote for Obama no matter how much the GOP guy has to spend. A candidate needs a critical amount of money in order to have name recognition and some pushing of your talking points in every market. Once he has that, what does more money buy him?It is expensive, but once you reach a certain threshold the return on more money diminishes to next to nothing. Think of it this way. If you had to throw the absolute greatest dinner party ever for twenty guests, it would be very expensive. Fancy wines, the best sea food, fine china, waiters serving rare appetizers cooked by the finest chefs, a string quartet perhaps. The costs would be astronomical. Now say you have a million dollars to throw this meal, but it can only be spent on this meal, nothing permanent like home improvements. What would someone with ten times that amount be able to do to make his meal better than your million dollar meal? He could probably think of something to do with the money, but it wouldn't make much difference in how good the meal was. Maybe he would have solid gold napkin holders or something. Once you have a million dollars to spend on a meal, a million more dollars is pretty much irrelevant. And once you have the federal matching funds maximum threshold, I'm not sure what you can do with more money to buy votes.