Just 72 hours after Mitt Romney announced he had selected Paul Ryan as his running mate, the Republican ticket has already began reaping the benefits. In the three days following Romney’s decision, the campaign has raised $7.4 million in online donations.
Nearly as soon as Romney brought Ryan out and made his vice president pick publicly known, the GOP campaign started sending out fundraising pitches on behalf of the Romney/Ryan team. More than 101,000 donations came in during those 72 hours, meaning the average donation per person was over $70.
It’s more good news for the fundraising arm of Romney’s campaign, which is coming off its third straight month of raising more than Barack Obama’s campaign. The campaign currently has $185.9 million socked away, but much of that cannot be spent until Romney is officially named the Republican candidate for president at the end of the month, during the Republican National Convention in Tampa Bay, Fla.
— Benjamin Nanamaker, InvestorPlace Money & Politics Editor
The opinions contained in this column are solely those of the writer.
Want to share your own views on money, politics and the 2012 elections? Drop us a line at email@example.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.