The Obama campaign is pouring double the amount of cash into the upcoming election as the Romney camp while being out-raised by millions. New poll numbers suggest that the president’s spending spree on negative ads isn't winning more support from Americans.

Former South Carolina Gov. Mark Sanford (R) spoke to Fox and Friends on this topic earlier, saying, “I think it’s working very well for Romney to sit back, absorb the attacks and keep talking about his message, which I think he’s been doing fairly well to date.”

He continued, “Obama doesn’t, I think, necessarily want to talk deeply about the economy and his part in it. He’s three years and seven months into ownership of that economy. He doesn’t want to talk about it, so he’s trying to talk about the other guy.”

When it comes to the money spent on ads for the 2012 presidential race, President Obama has spent $72M on reelection and Governor Mitt Romney has spent $33M. Sanford doesn’t think the Obama camp will run out of money because of the Super PACs, but said, “I see where the Obama camp is coming from but again I don’t think it’s going to stick, based on the wisdom of the American public and based on Romney having a message about what it would take to change where we are with regards to the economy.”