Ryan Not Exactly a Cash Cow for Romney
He may have inspired a lot of new donors, but they haven't given much: analysis
By Kevin Spak,  Newser Staff
Posted Aug 17, 2012 11:13 AM CDT
Paul Ryan speaks at a campaign stop at Walsh University in North Canton, Ohio, Aug. 16, 2012.   (AP Photo/Phil Long)

(Newser) – The Romney campaign would like you to believe that picking Paul Ryan as the VP candidate has resulted in a flurry of enthusiastic donations to his cause. The campaign today announced that Romney has raised $10,157,947 online since unveiling his running mate, Politico reports. But Alexander Abad-Santos writes in The Atlantic that if you take a cursory look at the math, that "bump" looks kinda lame.

Romney and the RNC raised around $100 million last month, he explains, which averages to about $3 million per day. So raising $10 million over Ryan's six days on the trail actually represents a slowdown. When John McCain unveiled Sarah Palin, they hit $10 million in half that time. Still, there is one silver lining: Some 68% of the online donors in the past six days have been newcomers, which could indicate that people are excited about Ryan even if they're not giving much. Full analysis here.