Money May Matter Less Than We Thought

Wall Street Journal: “The accepted wisdom headed into the 2016 cycle was that the combination of wide-open races and looser campaign finance laws would make the race more expensive than ever—and that, by extension, whoever had the most money would have a big advantage.”

“Not so. The most well-heeled Republican candidate, Mr. Bush, has slowly but surely faded. Wisconsin Gov. Scott Walker, backed by a well-stocked super PAC—one of the unregulated campaign organizations sucking up big donations—was gone before the first frost. Money is nice, but it isn’t nearly enough.”