NYT: Harris has now raised $1B+ since entering the race
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  Presidential Elections - Analysis and Discussion
  2024 U.S. Presidential Election (Moderators: muon2, GeorgiaModerate, Spiral, 100% pro-life no matter what, Crumpets)
  NYT: Harris has now raised $1B+ since entering the race
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Author Topic: NYT: Harris has now raised $1B+ since entering the race  (Read 698 times)
Redban
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« Reply #25 on: December 09, 2024, 11:32:05 AM »

I think people should understand that having slightly less money than your opponent can actually be an advantage. Obviously you don't want to be like 500M behind them, but if you are behind in cash it forces you to spend much more strategically and squeeze value out of every dollar. Whereas if you have a 1.5B warchest you just start wastefully spending on everything ($100k on Call Me Daddy Set, $600k for the Las Vegas sphere, $1M for Oprah, etc.) it all adds up and you are just burning money on stuff that gives minimal impact. Meanwhile Trump went on Rogan and a bunch of other Manosphere podcasts for FREE and got earned media because he was behind her in cash. He was forced to find a way to make every cent count, while she was just inefficently wasting it because of the mindset differences of being behind vs having billions. Now obviously, you don't want to purposely avoid trying to rake in money as much as possible - Presidential campaigns are incredibly expensive. My point is though that once you get to like 700M that really is more than enough, and its not a bad thing to be 100 or 200M behind your opponent.

Hillary also outraised Trump by a lot and we saw what happened there. Similarly 2020, Biden did the same, but COVID messed up a lot of events but Trump closed the disparity by doing tons of rallies while Biden was in his basement.

I agree that there is a point where the money no longer matters. Karl Rove, earlier this year, posted an article where he noted that campaigns ads stop mattering once voters see the ad about 8 times (or something that). Basically, you reach a limit at some point; and ads, rallies, and events stop having an effect after you've done them a certain amount of times. It's like in bodybuilding - once you hit 3 sets, you've reached the amount needed to get stronger. Doing a 4th or 5th set won't make you stronger after you've done the 3rd set.

If the magical figure is $700M or so, then any money that a candidate has above that mark serves no purpose other than to flex (which is what this thread really was)
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