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Stories tagged with “Mark Penn

Yglesias

Hillary Clinton Still Owes Mark Penn Hundreds of Thousands of Dollars

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Apparently the Clinton campaign isn’t done paying off its debts to Mark Penn:

“Hillary’s campaign still has a few vestiges of debt that I know she would like to see paid in full,” [Bill] Clinton writes in an e-mail that went out to Hillary Clinton supporters today. And for only $5, you can help her out, and maybe hang out with the ex-president himself. As long as you don’t mind enriching a man who is wrong about literally everything.

Hillary Clinton’s presidential campaign has been deeply in debt since its untimely end in 2008. A year ago, the Clinton campaign owed $2.3 million. As of the end of March, it still owed $771,000.

100 percent of that is to Penn, Schoen & Berland. Note that both Mark Penn and Bill Clinton are wealthy men, neither of them would go broke if they just restructured this debt between themselves. That would also spare us the unseemly spectacle of the incumbent Secretary of State shaking the tin can.

Yglesias

How Bad Is Mark Penn With Numbers?

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There are all kinds of problems with the statistical inference Mark Penn reaches in this article but just take a gander at this part of Penn’s response to his critics:

The question of how much traffic it takes to make a living also comes from the Technorati report. We say it takes “about 100,000 unique visitors a month to generate an income of $75,000 a year” and Technorati states those who had 100,000 or more unique visitors the average income is $75,000.

I’m pretty sure you couldn’t get a passing grade on an AP math test making this kind of mistake, much less pass yourself off as a data-crunching expert. Technorati says that the average income of professionals bloggers who have over 100,000 unique visitors per month is $75,000. Penn glosses this as saying that “about 100,000 unique visitors” is enough to earn $75,000 which isn’t even close to being the same thing. The mean earnings of high-traffic bloggers are pretty decent. The median earnings are almost certainly lower. And the earnings of a blogger operating at the low-end of what counts as high-traffic will be lower still.

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