Hooray for snacks

Mayor Bloomberg's spending on the New York mayoral race is, indeed, obscene.

All that money shows how far Mr. Bloomberg has come, wealth-wise. His campaign spending this year will nearly equal what his boyhood hometown of Medford, Mass., population 55,000, devotes to its annual budget.

But credit him for spending 0.003% of the campaign budget on food. Well fed volunteers will work that much harder for you. There are some things billionaire businessmen can understand that young Republicans with 4 years of college and $60,000 a year joba don't understand: small investments in human capital can pay off big in productivity.