SMRs and AMRs

Thursday, October 30, 2008

With Ambitious Campaign, Obama Is Both Big Spender and Penny Pincher

By MICHAEL LUO and MIKE McINTIRE
NYT

Senator Barack Obama’s presidential campaign has collected a record-shattering $640 million, but only two of his staff members are among the 15 highest-paid workers in the general election, according to campaign finance records. The rest, including the three highest paid, are employed by Senator John McCain.

The Obama campaign, despite having more than 700 field offices across the country, compared with fewer than 400 for Mr. McCain, has spent slightly less on rent than its counterpart.

And even though Mr. Obama has raised $400 million more than Mr. McCain, he has spent less on fund-raising consultants.

Mr. Obama has devoted enormous sums in this election to nearly everything, including more than $280 million for advertising and $31 million for his campaign’s payroll. His half-hour prime-time commercial on Wednesday, which cost well over $3 million, was perhaps the most visible flexing of his financial muscle.

But the Obama campaign, under the watchful eye of its manager, David Plouffe, has worked hard to maintain a reputation for frugality. The campaign has escaped the glare that has come with spending excesses that dogged other candidates, including the millions that Senator Hillary Rodham Clinton handed to her pollster Mark Penn, John Edwards’s $400 haircuts and the large outlays for consultants and other expenses that nearly bankrupted Mr. McCain’s primary campaign last year.

(More here.)

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