Home > Uncategorized > The Age Of Big Money In Politics Is Over – Business Insider

The Age Of Big Money In Politics Is Over – Business Insider

November 7, 2012 Leave a comment Go to comments

Another big story tonight: Billions spent on this election, virtually no change.

Karl Rove’s famous Super-Pac American Crossroads spent over $100 million to defeat Obama and elect conservatives, and it got zilch for it.

Romney raised a fortune, and he was never able to get any traction, except after Denver, which was not a paid media phenomenon.

Sheldon Adelson spent a fortune, and Romney still got clobbered among Jews.

Sure, people will still spend and raise a ton of money in the future (and in the primaries, it may remain important for awhile), but the bottom line is that every dollar is getting less and less, as social media, and other non-TV ads dominate.

via The Age Of Big Money In Politics Is Over – Business Insider.

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