Considering Walker’s huge advantage in out-of-state money, why is the election likely to be close?
By all accounts, Scott Walker and his Republican chums have raised and spent far more money (most of it from out of state) than their rivals in the run-up to today’s recall election.
So why isn’t Walker way, way ahead in the pre-election polls?
Money isn’t everything in politics, but neither is it a negligible factor. As former Sen. Phil Gramm once put it, money is “the mother’s milk of politics.”
Most of that political mother’s milk goes to buy TV campaign spots. And in Wisconsin, there have been far more such spots favoring Scott Walker than opposing him.
So again, why is this recall election expected to be close?
I’m guessing that Walker will win — but not by nearly as much as the campaign spending on his behalf would suggest.