A few months ago, Donald Trump’s election campaign had a huge money advantage over his opponent. Now it’s almost gone. What happened?
This situation is not where anyone expected us to be.
Since the 1970s, when the current framework of campaign finance laws was introduced, every other president – Reagan, Clinton, Obama and both Bushes – waited until at least their third year in office before holding a re-election fundraiser.He started to build up his resources for 2020 two years before any Democrat even announced they were running for president.
“Take away craziness, and he has an extremely professional operation,” warned Rufus Gifford, who presumably knew what he was talking about, given he was the finance director for Barack Obama’s successful re-election campaign in 2012., who spent more than a billion dollars on his campaign for the Democratic nomination and didn’t win a single state.
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