Thursday, July 17, 2008

The 52 Million Dollar Man

looks like Obama doesnt need my money after all, which is good since there are some terrific progressive candidates that do. as does the ACLU.

from Kos:

Barack Obama has another amazing fundraising month:

WASHINGTON - Democratic presidential candidate Barack Obama raised $52 million in June, the campaign said on Thursday, a jump from last month and more than double the $22 million raised by his Republican rival John McCain.

June is his second best month ever (he brought in $55 million in February).

The stunning tidbit from June's totals is that the average donation has decreased, from around $100 in February to $68 in June. In other words, while the average amount donated has decreased, the number of donations has increased. A lot.

As the article notes, McCain raised $22 million in June, which, in any other year, would be quite a in and of itself. But it's clear that whatever fears existed over the last month or so that enthusiasm for an Obama candidacy would wane and affect his fundraising was misguided. Indeed, it is McCain who is the victim of a seemingly insurmountable enthusiasm gap.

A Gallup poll at the end of June revealed that "61% of Democrats said they were more enthusiastic than usual about voting in this year's election, while just 35% of Republicans said that." A recent Pew poll (PDF) found that 13% of Obama supporters have donated to his campaign, while just 7% of Republicans who support McCain have donated to his campaign.

In short, what was true at the beginning of this race is still true, and will likely be true up until election day: Democratic voters are more engaged in the process, more enthusiastic about their candidate, and more likely to reach into their pockets--even at $5, $10, or $20 at a time--to put an end to Republican governance.

For more on Obama's huge fundraising numbers, check out the discussion in sharris0512's diary here.

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