Insider finds that “16 out of the 22 top-spending candidates in the midterm elections lost their races.”
“Combined, the 16 also-rans spent over $223 million of their own money — just over half of the nearly $443 the top self-funding candidates spent this cycle.”
“This overall poor midterm showing illustrates a long-term trend in US politics: only a small fraction of candidates who fill their campaign coffers with their own money actually win office.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.