Leading Dem Candidates Double Leading GOPers in # of Donors

Well, this has been a day in which there has been quite a bit of trumpeting of Democratic successes on this site -- so maybe one more post on the subject will do.

According to the Associated Press, Republicans waited until perhaps the quietest news day of the summer -- the day before the Fourth of July -- to allow their embarrassing fundraising numbers to trickle out. And not only are the overall numbers unremarkable, particularly in comparison with the Democrats, the total number of donors to this point in the campaign for the Republicans pales in comparison with that of the Democrats.

For the year, according to the aforementioned AP report, Mitt Romney -- who without $9 million in personal loans to the campaign would be in as dire a financial status as the effectively broke John McCain -- leads the way with 80,000 donors, followed by John McCain at 72,000 donors and Rudy Giuliani with 56,000 donors. There is almost undoubtedly at least some overlap between the three campaigns' donors, but for the sake of generosity, let's say that 208,000 or so people donated to the top three Republicans' campaigns. For comparison's sake, about 258,000 people, or about 25 percent more, have donated to the campaign of Barack Obama alone. John Edwards has reportedly seen roughly 100,000 people donate to his campaign, so his donor base is larger than that of any of the Republican presidential candidates, and though Hillary Clinton has yet to release her second quarter numbers, her campaign reportedly had in the ballpark of 50,000 donors, which would put her nearly even with Giuliani in half of the time.

Going one step further to do a final comparison of numbers of donors for the top three candidates (in terms of fundraising, at the least) for the two parties' presidential nominations, let's assume, for the sake of argument (and I know it's incorrect to make this assumption, but bear with me), that there was no overlap in either the Democrats' donor list or that of the Republicans. Let's also assume (and I also know that this assumption is wrong, but bear with me here, too) that Hillary Clinton did not get a single new donor this quarter. Not a one. These Democrats would have roughly 408,000 donors for the first half of the year while these Republicans would have just 208,000 donors, or just over half as many. That's right: the three leading Democratic candidates for President conceivably have more than twice as many donors as do the three leading Republican candidates. If that's not a shocking comparison, I don't know what is.

Tags: Democrats, Fundraising, Q2, Republicans (all tags)

Comments

13 Comments

Re: Leading Dem Candidates Double Leading GOPers i

I think the GOP is in real danger of getting so behind in the money race that top tier candidates will have to start accepting public financing.

by jkfp2004 2007-07-03 04:24PM | 0 recs
Re: Leading Dem Candidates Double Leading GOPers

Yet another sign of the sea shift occuring politically.

by John Mills 2007-07-03 06:48PM | 0 recs
Slowly But Surely

"We The People", are taking back out country.

by BlueDiamond 2007-07-03 10:11PM | 0 recs
A draw-back?

Should we be a little worried?  These are such fantastic sums of money.  Will the primary be so expensive this time around that Democrats expend a lot of their resources, while Republicans no doubt unite later around their nominee?  Or so expensive that it draws funds away from the congressional races?  Dunno...  Am I worrying over nothing?  Building up donors lists clearly can't hurt.

by psericks 2007-07-03 11:33PM | 0 recs
Re: A draw-back?

Yeah, sucking money from Congressional Races worries me a bit, which is why I give to the Senate and Congressional committees every time I give to my Presidential Candidate.

by Bush Bites 2007-07-04 06:47AM | 0 recs
Re: Leading Dem Candidates Double Leading GOPers i

In spite of its short lived advantages to the Democrats, the money race is a death pill for Democrats & particularly progressives. Those with the big money in America are corporations & the well to do. Their agenda, leaving aside some minority of the above, is a conservative one.

They push the Democrats to the right with their money, making the differences between the 2 parties virtually indistinguishable. Also, they will return to the Republicans - their natural roots - any time the Republicans become viable again.

This is a golden opportunity to limit the influence of money in campaigns. I know we have a RW SC that pushes in the opposite direction. But the Democrats need to be bold & attack the view that money=free speech, ie. money talks. They need to attack the court rulings, hold hearings on campaign contributions translating into legislation, have hearings on the rule of lobbists etc.

Our system is totally corrupt & the Democrats have an historic opportunity to fix it.

by carter1 2007-07-04 06:51AM | 0 recs
Re: Leading Dem Candidates Double Leading GOPers i

Money doesn't ncessarily mean victory. Tester, Kobluchar and McCaskill made less money than their opponents in '06, yet they won.

by kingsbridge77 2007-07-04 07:39AM | 0 recs
Re: Leading Dem Candidates Double Leading GOPers i

Money doesn't guarantee victory; its a necessary but not sufficient condition. It doesn't override being a poor campaigner or being completely out of touch with your voters, but  its become the major factor in determining who wins. If you don't have enough money, you're unable to sell yourself on TV, your opponent gets to define you, you can't respond to attacks by your opponent, you don't have enough staff. I've seen so many races where we had a good campaigner but not enough money & the result was defeat. Yes, in the perfect storm, like 06, Democratic candidates who didn't win the money race still won. But this is the exception in modern day politics where TV is everything.

by carter1 2007-07-04 07:55AM | 0 recs
Re: Leading Dem Candidates

I'm curious to see whether there will be any fallout for the Dems regarding the Libby communtation.

While there hasn't been a standout Democrat so far, most Dems have appeared happy with their choices.  Will the commutation change the flow of donations?

Impeachment is becoming a binary issue, with -- to my knowledge-- all the leading Dem candidates in the "take it off the table" camp.

I can see a lot of Dems saying "Sure, I'll vote for one of them, but give money?  Not anymore?"

This isn't a prediction.  Just a question.  I'm just curious to see how this all plays out.

by space 2007-07-04 08:28AM | 0 recs
Re: Leading Dem Candidates Double Leading GOPers i

Why all the excitement about the fundraising? John Kerry won the last one of these things and he was not a fundraising leader. He ended up paying for his own campaign when it came down to it.

I'm kind of worried that I see more excitement about money than ideals even here on the Internet and the blogs -- among people who are merely watching the campaign. Are bloggers feeling the thrill of getting rich by proxy? Does it intoxicate you to hear about "your guy" getting lots of money?

by Pope Jeremy 2007-07-04 09:16AM | 0 recs
Re: Leading Dem Candidates

Political Wire:

Obama Has More Donors Than Top Republicans Combined

Sen. Barack Obama's 258,000 contributors "exceed the combined number of donors" of Rudy Giuliani, Mitt Romney and Sen. John McCain, according to the Washington Post.

Meanwhile, the Chicago Tribune notes Obama downplays the amount of money he's raised but frequently comments on the number of contributors.

Said Obama: "The reason people are coming out in record numbers, the reason that this week we announced that we have 250,000 contributors to our campaign, more than any other campaign in history at this stage, is because people are hungry for change. They are desperate for something new."

by gb1437a 2007-07-04 11:47AM | 0 recs
Re: Leading Dem Candidates

Actually the reason why he has so many individual donors is because he charges a small fee for his rallies. It's a smart move, but that's how it's explained.

I am one of the many Obama donors and I'll be voting for him in the primaries, but let's not pretend that the revolution is nigh.

by Pope Jeremy 2007-07-04 12:03PM | 0 recs
shhhh

by gb1437a 2007-07-04 12:24PM | 0 recs

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