Wanna predict who is likely to win any federal election? Just look up how much money they spent on their campaign. It’s amazing.
In 2006, the biggest spenders running for the House won their race 94% of the time. In 2008 the number was 93%, and in 2010 it was 85%. The numbers for the Senate were slightly lower; in 2006 it was 73%, in 2008 86%, and in 2010 83%.
So what’s the quality most important for a politician? The ability to raise money. Nothing else matters nearly as much.
Not only that, but I would guess that the only reason the percentages went down in 2010 was because of the increasing use of SuperPACs, which spend money on behalf of a candidate, but don’t count as money spent by the candidate.
Here’s one way to get big money out of our politics.