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January 3, 2008
Posted: 03:42 PM ET
FROM CNN’s Jack Cafferty: Money can buy a lot of things, especially when it comes to politics… but the Iowa caucuses may not be one of them. The Los Angeles Times reports today that although the presidential contenders have poured tens of millions of dollars into the contest there, history shows that the candidate who spends the most in Iowa doesn’t always win. We don’t know exactly how much candidates have spent in Iowa this year. But we do know this: both Mike Huckabee and John Edwards are threatening to win Iowa despite being overwhelmingly outspent by their opponents. For example, Republican Mitt Romney spent about $52 million running for president through September of last year, much of it in Iowa. During that same period, Huckabee spent $1.7 million. On the Democratic side, Barack Obama and Hillary Clinton have reportedly spent about $20 million each in Iowa, compared to about $4 million for Edwards. For years ago, Howard Dean outspent both John Kerry and John Edwards before Iowa, and we all know what happened to Dean. In 1988, Pat Robertson outspent several other Republicans in the running, but failed to win Iowa. Here’s my question to you: What does it say about the Iowa caucuses that candidates who spend the most money don’t necessarily win there? Interested to know which ones made it on air?
Jim from McDonough, Georgia writes: Del from Austin, Texas writes: Michael writes: Dustin from Wake Forest, North Carolina writes: Les from Clive, Iowa writes: Ted writes: Maybe Jack will read yours tomorrow. Filed under: Elections Iowa Primaries |
Jack Cafferty sounds off hourly on the Situation Room on the stories crossing his radar. Now, you can check in with Jack online to see what he's thinking and weigh in with your own comments online and on TV. Send your comments on the "Cafferty File". Jack's Book
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