Thursday, February 21, 2008

Annals of Poor Spending Decisions

The Clinton campaign has spent a lot of money on bad advice:

About $15 million — or more than half of the New York senator’s January spending — went to a cadre of high-priced consultants. Though much of the cash went through the campaign media buyer for ad time, the considerable payments to outside consultants mark an increase in a pattern that has irked campaign insiders. From the beginning of the race through the end of last month, Clinton paid the consultants $33 million — nearly one-third of the $105 million spent by the campaign.

Spending 1 of every 3 dollars you have on people who apparently support you to begin with probably isn't a good allocation of resources.

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