Republican Strategists: Trying To Excuse Their Billion Dollar Defeat
After the most money-drenched elections in history — with close to $6 billion spent on the 2012 presidential and Congressional races alone, by one estimate — big donors and the media alike are now asking: Was it worth it?
It’s a fair question, especially for the new breed of super PACs and other outside groups that unleashed $1 billion this cycle on federal races. More than $715 million of that came from conservative groups attacking President Obama, who handily won a second term, and Congressional Democrats, who only strengthened their grip in the Senate.
Democrats are now relishing stories of Republican strategist Karl Rove having to explain to donors how two groups he co-founded, American Crossroads and Crossroads GPS, spent more than $175 million but only won 12 out of the 45 federal races they targeted — a dismal 27 percent success rate. READMOREHERE
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