Home > A3, Learning > Newt is in the Hole and out of the Race

Newt is in the Hole and out of the Race

Through out the past couple of weeks I have been going through our Government blog and I have seen many posts related to Money and its effects on elections.  I guess this came with good timing because after hearing about the news of Newt Gingrich suspending his campaign, I saw the connection.  This specific connection interested me  because it amazed me that an idea that we learned in Government class would still be present when I flipped on the TV when I got home.  Although there are many reason for Newt dropping out, like staying at a steady fourth place in the poles, the primary reason is his four million dollar campaign debt.  We did learn a lot about how money affects elections but I will reflect about how money affected the Newt Gingrich campaign for the Presidential race of 2012.


In class we discussed as a group whether or not we agree that money is a corrupting  factor  in elections currently.  In my opinion, I think that candidates should be limited to the amount of money they can spend on their campaign.  This is the only way to ensure that candidates are voted on because of their values and ideas rather than who has more money, which is not what being the President is about.  Currently the candidate who made the most money this past year is on his way to be the Republican candidate for the upcoming election (Mitt Rommney made 41.5 million dollars last year).  This shows how much of an impact money is on the outcome of an election.  Also, it will prevent candidates from getting in a great amount of debt like Newt Gingrich did.

Now, to relate this concept of how money is spent in elections to Newt’s campaign.  Obviously, the ideal campaign not only wins, but also manages to raise more money than they spend.  However, Newt Gingrich was successful on none of these levels.  On top on getting the fourth spot of the Republican Presidential nomination, Newt Gingrich has managed to be over four million dollars in debt.  The chart below is taken from the website Open Secrets, and it shows that Newt’s campaign could not raise enough to keep up with how much they were spending.  This is very significant because they managed to raise over twenty-two million dollars.  Clearly, Newt’s campaign did not manage their money, which helps return to starting argument, that campaigns should have cap in which they can spend so unsuccessful campaigns like Newt’s do have to struggle in debt.


In conclusion, I would like to reiterate the true importance that money has on campaigns and how its can affect a great candidate like Newt Gingrich.  It is also necessary to recognize that money is not the only factor the Presidential candidates have to deal with during an election, however this current event allowed for a perfect example to exemplify how money can effect a candidates chances at becoming the President.

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