Id, Ego And Super PAC

Dec 7 2012 @ 10:16am

Having shelled out more than $100 million on failed GOP candidates this year, Sheldon Adelson says he's prepared to spend two times as much during the next election cycle. Josh Barro isn't surprised:

Outside expenditure groups don't appear to be a very effective vehicle for winning elections. But you can't beat their efficacy as vehicles for publicly venting your political rage and stroking your ego in public. Since many donors appear to be mostly after the latter, I expect the super-PAC gravy train to continue into 2016.