in MI Romney spends more on paid media than both his rivals combined, but the real cost of Romney’s MI campaign will be paid by the US taxpayer
“According to the non-partisan Michigan Campaign Finance Network, Romney spent $2 million in an ad campaign lasting for about the past month, compared to McCain’s $744,000 over the last ten days, and Huckabee’s $484,000 in the past week,” writes Eric Kleefield in a TPM ElectionCentral.com post titled Analysis: Romney Outspent Michigan Competitors In A Big Way
Romney spends more on paid media in MI than either of his principal rivals combined. Yet Romney ekes out a narrow victory in a state that he calls his own. Yet more evidence of Romney’s risibly low ROI for his every campaign dollar.
But the real cost of Romney’s MI campaign is the check that he issued that can never be cashed. That check is Romney’s super-preposterous, atavistic promise to nationalize the US automobile industry. And it is a cost that Romney will never have to pay. That bill goes to the US taxpayer.
After humiliating defeats in Iowa and New Hampshire, Romney in Michigan finally develops a winning formula. It is a formula consistent with Romney’s risibly low ROI as it allows the hapless candidate to offload his astronomical costs on others. It is simply this: political spoil in its most primitive form. It takes this shape: Promise key sectors of the economy unlimited subsidies from the public treasury.