Barack Obama spent $730 million getting to the White House in 2008—twice as much as George W. Bush spent 4 years earlier and more than 260 times what Abraham Lincoln spent in his first election. Looking at the total costs of presidential elections over the past 150 years, it would seem that the White House is the ultimate recession-proof commodity:
So is the White House overpriced? Depends on what you're comparing it against.
Reuters reports: President George W. Bush offered his congratulations to Sen. Barack Obama for securing the Democratic presidential nomination, White House spokeswoman Dana Perino said on Wednesday. “President Bush congratulates Sen... Read Post
It was perhaps only a matter of time before Democrats, in the midst of a challenging midterm election campaign, began distancing themselves from an unpopular president. President Barack Obama's average approval rating sits at 41.6%,... Read Post
Over at Mother Jones, David Gilson notes that the cost, in real terms, of winning the presidency has increased dramatically over the years: Barack Obama spent $730 million getting to the White House in 2008—twice as much as George W... Read Post