Socialist Bernie Sanders would have you believe that the presidential candidate with the most money always wins, that whoever spends the most money is the one who comes out on top — that there is a 100% correlation between money spent and election results.
But while money certainly does have its influence in campaigns, the primary results in New Hampshire show that the correlation isn’t as pure as the wild-eyed socialist would lead you to believe.
For example, Jeb Bush wasted an amazing $1,150 per vote, having spent a whopping $36,000,000 for 31k votes. Bush embarrassingly came in fourth place, a disappointing position considering New Hampshire is one of the most liberal states in the nation.
Chris Christie, Marco Rubio and John Kasich spent a very high amount of money for each vote, at $878, $506, and $269, respectively.
On the other hand, constitutional conservative Ted Cruz, realizing that the “Live Free or Die” is leaning more toward the choice of “Die” than “Live Free,” only spent $580,000, or the equivalent of only $17 per vote.
NH Combined campaign/SuperPAC spending
— Stephen Hayes (@stephenfhayes) February 10, 2016
Cruz spent $17 per vote, Bush spent $1,150 per vote, and Cruz still beat him. Let that sink in.
Further evidence that money in politics isn’t everything, bombastic billionaire and reality TV actor Donald Trump, who easily won the race by almost 20%, spent the second least per vote, $37.
Ranked in order of least money spent per vote, the New Hampshire primary broke down like this:
Candidate Amount Spent Votes Received Money Spent Per Vote
Ted Cruz $580K 33,189 $17
Donald Trump $3.7M 100,406 $37
Carly Fiorina $1.8M 11,706 $154
John Kasich $12.1M 44,909 $269
Marco Rubio $15.2M 30,032 $506
Chris Christie $18.5M 21,069 $878
Jeb Bush $36M 31,310 $1,150
Cruz is obviously keeping his powder dry for upcoming states like South Carolina, which his campaign sees as much more winnable than liberal New Hampshire. His third place finish is impressive, considering that Trump outspent him by a 6 – 1 margin.
Both Carly Fiorina and Chris Christie will be suspending their candidacies.