GOP Regains The Fundraising Advantage


There is a great article over at www.politico.com about how republicans are set to significantly out raise democrats in this years presidential election.  The article is pretty long so I have a quote below that sums it up fairly well.

“It’s important to step back for a moment to understand the currents racing through the money chase right now. Republicans, back in the era of soft money, dominated fundraising, thanks in large part to big business donors. But when soft money was outlawed in 2002, a lot of business donors got uneasy about feeding their money through outside groups. Many sat out. At the same time, liberals got into the business of using tax-exempt and other groups to build their own web of think tanks, media monitors, vote-trackers and advocacy groups to influence politics. Rich liberals such as George Soros and union leaders funded much of it.

By the time 2008 rolled around, Obama and the Democrats were rolling over Republicans in the race for campaign cash raised in limited chunks, and Obama largely discouraged big-money outside efforts. Things have changed rapidly – and, in some respects, radically — since then”.

With an economic recovery that has been fairly weak at best coupled with a serious fundraising advantage the only thing republicans have to worry about now is if Mitt Romney is the right man to sell the message to the American people.

Read more: http://www.politico.com/news/stories/0512/76849_Page4.html#ixzz1wMmqTe7y

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