Why so many are running for president in 2008
“The burning question is why the no-hopers even try. It is customary to note that a southern governor—Mr Clinton—emerged from obscurity to do all right for himself in 1992. But even in the past 15 years politics has shifted further towards those with the money to spend. Campaigns are increasingly expensive. Al Gore spent $48m to become the 2000 Democratic nominee. John Kerry spent $235m four years later. Such records are likely to fall next year. And campaign dollars flow heavily towards those who establish themselves as front-runners…â€
