Romney’s spectacularly low marginal rate of return on his campaign dollars now a campaign issue!
WASHINGTON (CNN) — Republican presidential candidate Mike Huckabee took on fellow Republican candidate Mitt Romney’s spending habits Sunday on CNN’s Late Edition with Wolf Blitzer. The former Arkansas governor said: “I would be worried if I were a voter if a person is spending millions and millions of dollars to barely be in double digits. I’d be beginning to think I don’t want that person in charge of the Federal Treasury,” writes estimable CNN Associate Producer Jennifer Burch in a CNN Political Ticker post titled Huckabee: ‘I’d be worried’ about Romney spending.
Huckabee is right of course. But we have harped upon this string for weeks and weeks. See:
Romney: GOP for sale; says US$20,000,000.00 is the price for a top-tier position—here is where we also exposit upon Romney’s shockingly low-gain marginal return on every campaign dollar investment, and why every Romney campaign dollar is worth about 20% of any other campaign’s dollar—Romney probably does need cash, but what Romney needs far more than cash is the practical wisdom necessary to use that cash efficiently and effectively.
Are we ahead of the curve or what?!
Conclusion: Romney has overplayed his “I’m so super-rich I can fund my own campaign” line of reasoning. It has now become a liability. The Romney campaign must be in panic mode—again: their one true strength—their staggering wealth—has turned into their greatest point of vulnerability virtually overnight. Hence Justin Hart’s conveniently timed announcement about a new Romney grass-roots fund-raising effort; you can read about it here: