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Trump maintains huge war chest advantage, Biden out raises trump in May
Posted on 6/22/20 at 11:10 pm
Posted on 6/22/20 at 11:10 pm
quote:
Joe Biden still trails President Donald Trump in cash, but he’s catching up.
Biden and the Democratic National Committee hit an all-time monthly fundraising record in May, bringing in $80.8 million. That total topped Trump and the Republican National Committee, which together raised $74 million over the same period.
But Trump — who has been able to jointly fundraise with the Republican Party at higher levels as the Republican presidential nominee for months — leads Biden in cash on hand, $265 million to $122.2 million, an all-important number that shows how much the candidate and committee can still spend. Notably, May was the first full month Biden raised money in tandem with the DNC, drafting off of a joint fundraising agreement that allowed individual donors to give more than $620,000.
https://www.politico.com/news/2020/06/21/takeaways-biden-trump-may-fundraising-331010
The story goes on to discuss the super pacs and overall spending. Long story short, Biden raised about $6 million more than Trump this past month but Trump owns a huge advantage in the war chest. $265M to $122M.
This post was edited on 6/23/20 at 12:01 am
12
Posted on 6/22/20 at 11:12 pm to Mickey Goldmill
Most of that was probably raised through BLM.
Posted on 6/22/20 at 11:12 pm to Mickey Goldmill
That money funneling operation through BLM seems to be paying off for Biden like it did for Bernie 
Posted on 6/22/20 at 11:12 pm to Mickey Goldmill
Democrats burn down cities. Democrats raise more money. Goes to show you, the more mentally ill the Democrats become, the more money the American hating Marxist throw in the pot.
This post was edited on 6/22/20 at 11:13 pm
Posted on 6/22/20 at 11:13 pm to Mickey Goldmill
quote:
Notably, May was the first full month Biden raised money in tandem with the DNC, drafting off of a joint fundraising agreement that allowed individual donors to give more than $620,000.
Didn't the Democrats have a whole debate about how this was too much per person? Bernie and Warren lit ol Pete up over this. Guess Biden is immune.
Posted on 6/22/20 at 11:14 pm to MileHighDraw
quote:
Most of that was probably raised through BLM.
Yep and even sadder is that my university, LSU, supports and promotes this terrorist, hate group.
Posted on 6/22/20 at 11:14 pm to Mickey Goldmill
(no message)
This post was edited on 3/6/21 at 11:37 am
Posted on 6/22/20 at 11:15 pm to Mickey Goldmill
Joe Biden can forever kiss my arse talking about caring about working class Americans yet every year damn year he was Vice President he would come down to Charleston on a Friday and frick up traffic all over the Lowcountry for the entire day so he could go to a $50,000 a plate on Sullivan’s Island. How about you go back there and get a shiny gold spoon to eat my whole arse with you hair sniffing old bastard.
Posted on 6/22/20 at 11:17 pm to Mickey Goldmill
let me axed you a question micky when you start a thread like this, knowing how it's going to be received.
before you hit enter are you like....
before you hit enter are you like....
Posted on 6/22/20 at 11:18 pm to graychef
quote:
Holy crap
Yeah It’ll be pretty much impossible for Biden to catch up to trumps war chest.
Posted on 6/22/20 at 11:20 pm to Mickey Goldmill
Honest question.....does money even matter in politics anymore in the age of social media and cable news?
Bloomberg floundered despite vast spending.
hrc outspent trump by 2:1 and lost.
I think we are seeing a decline in the marginal benefit of campaign spending.
it might still help, but other things are now taking on a more important role.
Bloomberg floundered despite vast spending.
hrc outspent trump by 2:1 and lost.
I think we are seeing a decline in the marginal benefit of campaign spending.
it might still help, but other things are now taking on a more important role.
Posted on 6/22/20 at 11:21 pm to walley tux
quote:
let me axed you a question micky when you start a thread like this, knowing how it's going to be received.
It’s a very factual article, no significant spin that I noticed. It outlines the numbers and is extremely relevant to subject of this board.
Posted on 6/22/20 at 11:22 pm to HailHailtoMichigan!
quote:
I think we are seeing a decline in the marginal benefit of campaign spending.
Biden has all the MSM in his corner so that more than evens things up.
Posted on 6/22/20 at 11:24 pm to HailHailtoMichigan!
quote:
Honest question.....does money even matter in politics anymore in the age of social media and cable news?
Bloomberg floundered despite vast spending.
hrc outspent trump by 2:1 and lost.
I think we are seeing a decline in the marginal benefit of campaign spending.
it might still help, but other things are now taking on a more important role.
That’s a really good question. I think you’re right to a degree. You can get a lot more free publicity now than you used to. Commercials and internet ads still play a significant role though I believe. If for nothing else, a lot of people will inherently believe the more ads they see of a candidate, the more likely it is that candidate will win. Or some feel more of a sense of attachment to the candidate they see more of so they feel more comfortable voting for them.
Just my 2 cents.
Posted on 6/22/20 at 11:25 pm to Mickey Goldmill
dims Keep fundraising off the blood and bodies of dead black people, Mickey. Joe Biden is as much of a corpse as George Floyd.
This post was edited on 6/22/20 at 11:33 pm
Posted on 6/22/20 at 11:27 pm to HailHailtoMichigan!
quote:
Honest question.....does money even matter in politics anymore in the age of social media and cable news?
Bloomberg floundered despite vast spending.
hrc outspent trump by 2:1 and lost.
I think we are seeing a decline in the marginal benefit of campaign spending.
it might still help, but other things are now taking on a more important role.
It's certainly an interesting question. I'd honestly only spend money in battle ground states and counties. Can't think of campaign advertising on such a national scale.
Posted on 6/22/20 at 11:30 pm to Powerman
quote:
It's certainly an interesting question. I'd honestly only spend money in battle ground states and counties. Can't think of campaign advertising on such a national scale.
Agreed. It’s really about where you spend your money. Trump doesn’t need to spend a dime in most of the south and the heart of the country. Biden doesn’t need to spend a dime on most of the west coast and New England area.
Posted on 6/22/20 at 11:34 pm to Mickey Goldmill
Didn't that same mentality lose Pennsylvania, Wisconsin and Minnesota for Hillary? She basically chalked them up as a win and in the end paid for it. No pun
Posted on 6/22/20 at 11:39 pm to Mickey Goldmill
I read a while back that Michael Bloomberg is going to pump a ton of cash into Biden’s coffers.
Posted on 6/22/20 at 11:40 pm to PaperTiger
quote:
Didn't that same mentality lose Pennsylvania, Wisconsin and Minnesota for Hillary? She basically chalked them up as a win and in the end paid for it. No pun
100% that’s what happened. I’m not saying ignore everything. I’m saying you don’t need to spend money (or at least anything significant) on the states that are overwhelmingly in your corner. I mean, should trump spend anything in Louisiana? It would be a waste of money.
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