Michele Bachmann who is reportedly low on funding and made a poor showing in Iowa has finally decided to end her campaign for the presidency, according to CNN today.
If only for this statement back in 2005, the Republican Party is better off without her. "If we took away the minimum wage -- if conceivably it was gone -- we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level." -Michele Bachmann
The congresswoman's decision to pull out could favor rival Rick Santorum, who narrowly came in second toin Tuesday's Iowa caucuses.
Governor, Santorum and Bachman rely on support from evangelical Christians, but it wasn’t enough in Iowa where Mitt Romney took the lead with a close second.
Bachmann cancelled a campaign trip to South Carolina on Wednesday and scheduled a news conference for 11 a.m. EST.
The Iowa-born Bachmann, 55, had a disappointing turnout despite the fact that she was once a leading light for evangelical voters in Iowa; however, she only received 5 percent of the vote in Tuesday's first voting contest to pick a candidate to challenge President Barack Obama.
What will she do now? Begin the campaign trail and stump for Santorum, Rick Perry or even Romney? She can't see Russia from Iowa, but she can capitalize on her newly begotten fame and hit the lecture circuit and write a book.