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In an uplifting political moment last Thursday, Steve Forbes dropped out of the race for the Republican nomination--only, of course, after spending $66 million over the past six years. Many political critics recognize a candidate's need for money to run an effective campaign. Forbes' failure, however, assures the...

Author: By Benjamin M. Grossman, | Title: Editorial Notebook: The Best Things Are What Money Can't Buy | 2/16/2000 | See Source »

Forbes made his decision to bow out of the race after his disappointing third place finish in the Delaware primary. He had won in Delaware in 1996 with just 33 percent of the vote, but although he spent more time and money there this year than any other candidate, Forbes...

Author: By Benjamin M. Grossman, | Title: Editorial Notebook: The Best Things Are What Money Can't Buy | 2/16/2000 | See Source »

Forbes campaigned on a 17 percent flat tax and a socially conservative platform with an anti-abortion stance. After 106 months of economic expansion in which the wealthy have gained more than their share, however, not even the rich could accept in good conscience the free ride that Forbes' tax...

Author: By Benjamin M. Grossman, | Title: Editorial Notebook: The Best Things Are What Money Can't Buy | 2/16/2000 | See Source »

Forbes likes to believe that he stimulated the GOP debate on taxes and abortion. But Texas Gov. George W. Bush and McCain would have discussed tax cuts regardless of Forbes, and Forbes may have even brought more attention to abortion than the other candidates would have liked. For instance, Forbes...

Author: By Benjamin M. Grossman, | Title: Editorial Notebook: The Best Things Are What Money Can't Buy | 2/16/2000 | See Source »

Forbes' real contribution to this year's campaign has been to show that lucrative spending cannot develop a constituency. In the Iowa straw poll last August--although no delegates were at stake--Forbes spent $160 per vote. He ranks close to Ross Perot and Michael Huffington among wealthy men willing...

Author: By Benjamin M. Grossman, | Title: Editorial Notebook: The Best Things Are What Money Can't Buy | 2/16/2000 | See Source »

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