Tuesday, October 22, 2019

Saagar Enjeti: Warren, Buttigieg don't stand a chance against Trump

 Image result for Saagar Enjeti: Warren, Buttigieg don't stand a chance against Trump

One of the themes in this show is that money matters a lot, in determining political outcomes, in determining life outcomes...

But when it comes to political campaigns it matters not just how much money you have but where that money is coming from.

We spend a lot of time here talking about the Democratic candidates but one of the things that are often overlooked is who they're going to face in the general election, Donald Trump.

The Republican National Committee put out its numbers. For the money of September yesterday raising 27.3 million dollars. That comes on the heels of the Trump campaign's announcement that it raised 125 million dollars in the third quarter and has nearly 158 million dollars in cash on hand. To put that in perspective that is 6 times what Bernie Sanders and Elizabeth Warren raised in the same period and 10 times that raised by Joe Biden.

It would be easy to dismiss Trump's campaign coffers as that cobbled together by Wall Street but the data tells a very different story. The average donation to the Trump campaign is 44 dollars, mirroring almost exactly the average donation number of Elizabeth Warren. Furthermore, 98.17 percent of those donations, 200 dollars or less. This is fundamentally a grassroots level of fundraising whatever many of you may think about the policies.

More @ The Hill

No comments:

Post a Comment