Money is pretty good predictor of who will win elections
What do the numbers really tell us? These two stats jumped out at us from a post-analysis done by the Center for Responsive Politics:– 94 percent of biggest spenders in House races won, up slightly from 2012
– 82 percent of biggest spenders in Senate races won, up from 76 percent in 2012
From Washington Post
91% of the time the better-financed candidate wins. Don’t act surprised.
The chart analyzes 467 congressional races held in 2012. Its findings:
* Candidates who out-fundraised their opponents were nine times more likely to win elections in 2012.
* Winning congressional candidates outspent their opponents by about 20 to 1.
* Winning candidates on average spent $2.3 million. Losing candidates, on average, spent $1.1 million.
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