Tuesday, October 28, 2008

Palin's Neiman Marcus Run a Drop in the Bucket: 2008 Is Most Expensive Election Ever

While the public carefully scrutinized Sarah Palin's $150,000 fashion budget, they forgot to place it in an appropriate context: This presidential election has cost far more than any other election in U.S. history. According to statistics from the Center for Responsive Politics, the presidential election will cost around $2.4 billion. When you factor in Congressional races, that number jumps to $5.4 billion. Palin's wardrobe represents a tiny .00625% of the total dollars spent to finance this year's presidential election. The biggest sign of campaign riches will come with Obama's $1 million per network infomercials which air tomorrow on ABC, CBS, NBC, Fox, and Univision.

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