[lbo-talk] [pen-l] Stark new evidence on how money shapes America's elections

nathan tankus somekindofheterodox at gmail.com
Fri Aug 12 20:14:29 PDT 2016


Yeah I'm not saying Trump is going to win just that this paper in and itself doesn't say anything about money spent in general elections

On Fri, Aug 12, 2016 at 11:13 PM, Marv Gandall <marvgand2 at gmail.com> wrote:


>
> > On Aug 12, 2016, at 7:52 PM, nathan tankus <
> somekindofheterodox at gmail.com> wrote:
> >
> > This is a general relationship that is very tight for congressional
> races but those are different things from presidential elections. Ferguson
> would be the first to tell you that there is a) much more variability in
> general elections given how few there are b) there does seem to be a
> ceiling effect for money in general elections. In other words, you need
> money to run a good campaign but at a certain level more money doesn't mean
> you can guarantee yourself the election. Trump in particular has been a god
> at free advertisement. His strategy would probably not be workable at a
> smaller level.
>
> Interesting observation, but in this round Clinton has a huge spending
> advantage, and all of the free advertising Trump has been getting has a
> negative effect. Unlike the primaries, it now reaches beyond and alienates
> rather than attracts those outside the Republican base. Plus, the ruling
> class now perceives him as a threat and has united solidly against him.
> Absent any dramatic development such as a major terrorist attack or renewed
> financial crisis, the rule should apply.
>
>
> >
> > On Fri, Aug 12, 2016 at 10:48 PM, Marv Gandall <marvgand2 at gmail.com>
> wrote:
> > Forget the polls and follow the money:
> >
> > “Not only in 2012, but in every election for which the data exists (from
> 1980 to 2012)…the link is clear: when the Democrats spend more than
> Republicans, their candidates win. When Republicans spend more than
> Democrats, they win.”
> >
> > https://www.ineteconomics.org/ideas-papers/blog/stark-new-
> evidence-on-how-money-shapes-americas-elections
> >
> > If the pattern holds, Clinton is a shoo-in. Apart from their more
> extensive network of field staff, the Democrats have planned $100 million
> in TV advertising over the next several months compared to a paltry $1
> million so far booked by the Trump campaign:
> >
> > http://www.nbcnews.com/politics/2016-election/team-
> clinton-poised-98-million-ad-blitz-n621741).
> >
> > However, the ordinary patterns are being upset as political instability
> mounts, and maybe the “Bradley effect” will be sufficient for Trump to
> overcome his polling and spending deficits. I doubt it, but that’s the
> concern expressed here:
> >
> > https://www.thenation.com/article/are-hillary-clintons-
> strong-poll-numbers-misleading/
> >
> >
> >
> >
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> >
> > --
> > -Nathan Tankus
> > ------------------------------------------------------------
> ------------------------------------------------------------
> -----------------------
>
>

-- -Nathan Tankus -----------------------------------------------------------------------------------------------------------------------------------------------



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