With Tom Steyer ending his quixotic Presidential campaign, it’s time to settle up the accounts, and he’d better sit down for this. Ken Kurson at the California Globe suggests that this could go down as the worst Presidential campaign in history. There’s a lot of competition for that title, but it is in the running for the biggest waste of money.
The FEC reports that through January 31st, Steyer’s campaign spent $253,718,074 and over $250 million of that (a quarter of a billion dollars!) was his own money. Kurson estimates that at the same spending rate through February, Steyer spent about $280 million to win 83,000 votes that cost him $3,373 per vote. Heck, I would’ve voted for him in an open primary for half that! He also spent $280 million for zero delegates.
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This doesn’t even take into account the $70 million or so he spent on TV ads and Astroturf groups to promote impeaching President Trump, which turned out to be one of the dumbest, most counter-productive, time-wasting political witch hunts in US history.
And this guy wanted us to send him to Washington to make decisions about how to spend our tax money wisely! I’d rather trust my life savings to a Nigerian email scammer.
The good news for Steyer is that at least he made a name for himself in history for running the most pointless, spendthrift campaign ever. Of course, he might not even keep that title for long, considering Mike Bloomberg has already spent about $500 million on advertising and started dropping in the polls after voters got a good look at him in the debates.
The good news for both of them is that they should eventually be able to make back all the millions they squandered, as long as Trump is reelected and keeps the economy booming.