Long and expensive campaignsMonday, July 16, 2007 at 11:10 | Posted in Election, Politics, USA, web 2.0. | Leave a comment
The Washington Post writes that American presidential wannabees not only raise more money than ever before for their campaigns. They also spend and unforseen large portion of their funds already six months before a single vote is going to be cast in the primaries. Front runners still seem to have money in bank while some outsiders have to spend all they have just to survive.
The prolonged campaigning and this trend to spend huge amounts of money is no doubt good news for the main stream media. It does, however, remind me of the old saying that you need to be a millionaire to become the president of USA. Only a millionaire would have enough millionaire friends to support them.
Last month I wrote about the presidential campaigns in web 2.0 media. Barrack Obama has raised most money of the democrats but he interestingly also seems to be the top candidate to gain popularity in web 2.0. On the republican side, however, Ron Paul seems to be the leading web 2.0 candidate and his campaign is mostly running in the new media.
It feels somewhat odd that so much campaigning is being done as early. Do the candidates not fear that the voters may get fed up with the circus which would result to a low turn out?
Edit: Some candidates are dropping the race due to insufficient funds.