Democrats Don’t Raise no Money No Mo’

September 25th, 2009 By: Michael van der Galien | Tags: , , , , ,

dems can't raise no fundsWho would have thought that a mere eight months after Barack Obama became president the Democratic Party would hit rock bottom fundraising-wise:

Democratic political committees have seen a decline in their fundraising fortunes this year, a result of complacency among their rank-and-file donors and a de facto boycott by many of their wealthiest givers, who have been put off by the party’s harsh rhetoric about big business.

The trend is a marked reversal from recent history, in which Democrats have erased the GOP’s long-standing fundraising advantage. In the first six months of 2009, Democratic campaign committees’ receipts have dropped compared with the same period two years earlier.

Ah well, considering their contempt for the rich they do not have a problem with this, do they?

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  1. Jeb
    September 25th, 2009 at 22:36
    Reply | Quote | #1

    Wow, donations are down almost 14% from the height of the campaign in 2007 and only up a little over 10% from 2005. Of course that reduction in campaign fund raising a year out from a mid-term election relative to the opening of a highly competitive presidential election can only be because of sagging democratic popularity. There is no other reasonable explanation.

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