The Year Of Campaigning Cheaply

Last fall, as Democrats were lining up for the Presidential race, the conventional wisdom said that Bill Clinton, governor of the impoverished, sparsely populated state of Arkansas, would have trouble raising money. Charismatic Senator Bob Kerrey of Nebraska would easily tap Hollywood's mother lode, giving him a headstart in the race. Labor-backed Senator Tom Harkin of Iowa would be bankrolled by unions. And President Bush would have so much fund-raising power that no Republican would dare challenge him.

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