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TOPIC: Your_vote_is_worth_about_five_bucks
Created by: Nkenswing
Original Starting post for this thread:
President Barack Obama and former Mass. Gov. Mitt Romney are spending a combined $26.86 every second this election cycle, as a binge of campaign spending deluges voters with rallies, banners, and of course, TV ads.

The figure comes from a grand total of nearly $1.5 billion spent by both sides just through September. And that works out to about $70 million per month, and more than $2.3 million every day, according to data provided by the Federal Election Commission.

No wonder both candidates spend so much time in fundraisers.

From January 2011 through September, the Obama campaign burned through over $470 million, with the Democratic National Committee spending another $255 million. And the top three Obama Super PACs dumped in another $53.7 million. All that totals more than $775 million spent — before the crucial election month of October.

Obama Says Post-Election 'Grand Bargain' Possible

On the Romney side, the campaign had spent $298 million in that same time frame, which was joined by $249 million by the Republican National Committee and $156.5 million from the top three Romney Super Pacs. All told, that’s more than $700 million.

The Obama team held the lead by about $75 million as of September.

Historically, these are big, big numbers.

In 1980, Jimmy Carter and Ronald Reagan plus the DNC and RNC spent a combined $528 million in 2012-adjusted dollars. By 2000, that figure had jumped to $899 million in adjusted dollars.

That means the campaigns are spending a lot more per voter than they did years ago. Take a look at the math.

With more than $770 million in campaign and Super Pac spending for Obama this year, the forces supporting the president have spent about $5.33 per registered voter when you calculate using the total number of registered voters in the last campaign, which was just over 146.3 million.

Romney’s team, similarly, has spent about $4.81 per voter. Combined, that’s $10.14 per registered voter.

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So what is my vote worth? Is it $5, or is it $10 ?

Hendersonville NC
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(2984 posts)
User Details are only visible to members.
President Barack Obama and former Mass. Gov. Mitt Romney are spending a combined $26.86 every second this election cycle, as a binge of campaign spending deluges voters with rallies, banners, and of course, TV ads.

The figure comes from a grand total of nearly $1.5 billion spent by both sides just through September. And that works out to about $70 million per month, and more than $2.3 million every day, according to data provided by the Federal Election Commission.

No wonder both candidates spend so much time in fundraisers.

From January 2011 through September, the Obama campaign burned through over $470 million, with the Democratic National Committee spending another $255 million. And the top three Obama Super PACs dumped in another $53.7 million. All that totals more than $775 million spent — before the crucial election month of October.

Obama Says Post-Election 'Grand Bargain' Possible

On the Romney side, the campaign had spent $298 million in that same time frame, which was joined by $249 million by the Republican National Committee and $156.5 million from the top three Romney Super Pacs. All told, that’s more than $700 million.

The Obama team held the lead by about $75 million as of September.

Historically, these are big, big numbers.

In 1980, Jimmy Carter and Ronald Reagan plus the DNC and RNC spent a combined $528 million in 2012-adjusted dollars. By 2000, that figure had jumped to $899 million in adjusted dollars.

That means the campaigns are spending a lot more per voter than they did years ago. Take a look at the math.

With more than $770 million in campaign and Super Pac spending for Obama this year, the forces supporting the president have spent about $5.33 per registered voter when you calculate using the total number of registered voters in the last campaign, which was just over 146.3 million.

Romney’s team, similarly, has spent about $4.81 per voter. Combined, that’s $10.14 per registered voter.

Pittsburgh PA
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(2789 posts)
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TOPIC: Your vote is worth about five bucks

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