In the Arena

Money Can’t Buy You…

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Kudos to Jay for exposing the Romney blather–a disappointment, given the fact that he did pass universal health insurance in Massachusetts. But I’m not that impressed by the $6.5 million he raised, either. Money is a vastly overrated indicator of political credibility. Remember Howard Dean’s $40 million? Politicians raise money so they can buy (mostly negative) ads. But people are growing tired of the vitriol; they’re using their clickers to surf past the garbage. A vomitous amount of cash was spent on negative ads by Republicans in the 2006 election, and look where it got them. (Although, one caveat: a certain amount of cash in the bank doesn’t hurt–the fact that Democrats were able to respond so quickly and creatively to the Republican spots certainly helped their cause.)

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