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Most Of The Presidential Campaign Money Is Wasted

Where are the Millions of dollars raised going?
Scott Olson,Getty Images

According to bipartisan sources, 80% of all campaign money is completely wasted.

Mitt Romney and President Barack Obama are raising unprecedented amounts of money for their presidential campaigns, and most of it won’t matter at all according to a pair of strategists.

A Republican strategist said, “You don’t need that much money. It’s ridiculous. I was the guy in charge of advertising in the 2002 and 2004 campaigns, and I can tell you that 75% of that money was completely wasted.”

A Democratic pollster thinks the number is even higher. He said, “Eighty percent of what we do in a campaign is wasted. The problem is we don’t know which 80% in advance, so we do it all.”

If you still wanted to donate to your candidate, and just hope your money is part of the 20%, the info is below.

President Barack Obama Campaign or Mitt Romney Campaign.

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