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==Campaigns and PACs spend money on all kinds of useless things.== Do you have a citation for this? It seems like a failure in the free market if organizations
by take_a_breath 7y ago
==Campaigns and PACs spend money on all kinds of useless things.==
Do you have a citation for this? It seems like a failure in the free market if organizations spend $55 billion [1] on Facebook advertisements with no benefit.
==From my perspective, it has all of the hallmarks of a moral panic, right down to the calls to "think of the children."==
What data is that perspective based on or is it just your gut feeling (aka bias)?
[1] https://martechtoday.com/despite-ongoing-criticism-facebook-generates-16-6-billion-in-ad-revenue-during-q4-up-30-yoy-230261 https://martechtoday.com/despite-ongoing-criticism-facebook-...
- ch4s3 7y agoDo you need a citation to know that lots of PACs engage in polling using worthless methodology? Surely you've seen expensive TV spots that have no clear messaging and make the candidate they support look awful. A whole lot of campaign spending seems like grifting, but maybe I'm wrong. Look, I'm not say that FB ads are totally useless in general, just that there's some burden of proof when you claim they swayed an election. > What data is that perspective based on or is it just your gut feeling (aka bias)? People have literally used the phrase "think of the children," or some variation.
- ekianjo 7y agoFirst, you dont know if your investment is good until the election actually happens since polls are massively unreliable, so the opportunity to adjust spending is limited. Second, campaigns are not driven like companies.