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Who Is Doing a Better Job Managing Campaign Funds?

Who is better managing campaign funds?

  • Romney

    Votes: 7 77.8%

  • Obama

    Votes: 1 11.1%

  • Other/The Same

    Votes: 1 11.1%
  • Total voters
    9
Redress

Redress

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Romney says he

"You've perhaps noticed in the paper, we're a little wiser in our spending of dollars than the other side, apparently," Romney said. "I'm not managing their campaign for them, but we're going to spend our money wisely, we're going to spend it to win."


His comment came a day after both campaigns filed their July fundraising reports with the Federal Election Commission. According to FEC reports, Romney and the Republican National Committee ended last month with $185 million in the bank—nearly $60 million more than Obama and the Democratic National Committee, which reported just $127 million in the bank.
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Now what spurs this question is that some believe that how best to spend your campaign money is changing, that with the amount of money being raised and that will be spent on this presidential election(already over a half billion), the old conventional wisdom is no longer true. Those people believe that at a certain point, spending in a month, week, day, just does not ad much, that you hit a point of saturation. That therefore it is better to spend early and set the impressions in voters minds.

With that(and more) in mind, who do you think is doing s smarter job managing campaign funds?
 
I have no idea how either of them manage their campaign funds....all I know is that romney has had more to spend.
 
lpast said:
I have no idea how either of them manage their campaign funds....all I know is that romney has had more to spend.
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No, not really. Not even close.

July 2012

Obama - $49.1 million

Romney - $40.3 million

2nd Quarter 2012

Obama - $110.7 million

Romney - $68.1 million

1st Quarter 2012

Obama - $68.2 million

Romney - $31.5 million

4th Quarter 2011

Obama - 39.9 million

Romney - $24.2 million

3rd Quarter 2011

Obama - $42.0 million

Romney - $14.2 million

2nd Quarter 2011

Obama - $46.3 million

Romney - $18.3 million

http://en.wikipedia.org/wiki/Fundraising_for_the_2012_United_States_presidential_election
 
Wicked Weasel said:
No, not really. Not even close.

July 2012

Obama - $49.1 million

Romney - $40.3 million

2nd Quarter 2012

Obama - $110.7 million

Romney - $68.1 million

1st Quarter 2012

Obama - $68.2 million

Romney - $31.5 million

4th Quarter 2011

Obama - 39.9 million

Romney - $24.2 million

3rd Quarter 2011

Obama - $42.0 million

Romney - $14.2 million

2nd Quarter 2011

Obama - $46.3 million

Romney - $18.3 million

Fundraising for the 2012 United States presidential election - Wikipedia, the free encyclopedia
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heh everything im reading says romeny has been raising more...I dont know Im going to take a better look weasel
 
I'm going to go with Romney as spending his campaign money more wisely. But with those SuperPAC's spending money for both candidates maybe it doesn't really matter since there's going to be a heck of a lot of ads for both of them either way.
 
lpast said:
heh everything im reading says romeny has been raising more...I dont know Im going to take a better look weasel
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Romney has outraised Obama I think the last 3 months. Romney currently has more cash on hand.
 
What the hell does "better" mean?

If by matching outflows to inflows, Romney.
If by utilizing money to frame your opponent in a manner he can't redefine: Obama.

Remember, elections are not won by who ends up with more money or least in debt. So conserving money and losing does not equate to managing campaign finances better because you ultimately wasted millions. On the flip side, if blowing your cash early wins you the election, then you have managed campaign finances better because you ultimately succeeded.

"Better" is a subjective term that only really turns objective after the election.
 
obvious Child said:
What the hell does "better" mean?

If by matching outflows to inflows, Romney.
If by utilizing money to frame your opponent in a manner he can't redefine: Obama.

Remember, elections are not won by who ends up with more money or least in debt. So conserving money and losing does not equate to managing campaign finances better because you ultimately wasted millions. On the flip side, if blowing your cash early wins you the election, then you have managed campaign finances better because you ultimately succeeded.

"Better" is a subjective term that only really turns objective after the election.
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Better would be planing your finances to to most help your chances to win the election. You are correct, saving money but losing is not good management.
 
Redress said:
Romney has outraised Obama I think the last 3 months. Romney currently has more cash on hand.
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Thats what I had thought from all im seeing...and lets not forget that millions upon millions being spent FOR ROMNY by the koch brothers and sheldon adelsen....there is an undercurrent of hundreds of millions being spent on behalf of romney aside from his own campaign coffers...
 
Redress said:
Better would be planing your finances to to most help your chances to win the election. You are correct, saving money but losing is not good management.
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Indeed. Considering how Ryan gave Romney at most a 1% boost, it looks in terms of defining your opponent in a way that is detrimental to their campaign that they cannot redefine, that Obama is winning this race. And it looks like the vast majority of people have already made their minds up. So more money being spent doesn't really help. Obama is still leading after massive amounts of money flowing to Romney. In a race where the choices are relatively unknown, more money may be helpful, but in a polarized race where people are willing to completely ignore the fact that their candidate's ticket is doing the exact same thing their ticket is doing, I don't see how it matters. Reason has largely left this election.
 
lpast said:
heh everything im reading says romeny has been raising more..
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yes. But he's practicing an ancient form of tribal magic wherein he spends less than he brings in.




As for the OP, I don't know. I buy the point about saturation, but I think that here we risk ignoring the importance of timing. It's easy for us obsessives to forget this, but most undecideds are also lower-information voters, who are going to wait until the last month to a month and a half or so to even start making up their minds. Having the cash on hand THEN (and for the follow-up ground game on election day) is what I would be aiming at.
 
I'm generally skeptical that money plays a big role in electoral outcomes for high-profile races like the presidency. Maybe it does for some anonymous congressional challenger who can't get recognized any other way, but everyone has heard of Barack Obama and Mitt Romney. Generally speaking, they're going to vote for whoever they're going to vote for, regardless of campaign advertisements. The exception to this might be people who haven't yet formed an opinion about one of the candidates...in this case, probably Mitt Romney. Therefore whichever campaign can do a better job defining Mitt Romney will have spent its money better IMO. So far that's been Obama's team.
 
lpast said:
heh everything im reading says romeny has been raising more...I dont know Im going to take a better look weasel
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Romney is outraising obama significantly if you account for the superpacs. Without those, the funds are not dramatically different from what I understand.
 
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