President Trump has an almost insurmountable lead against Joe Biden.
Joe Biden isn’t going to be able to make up the difference.
Joe Biden got terrible financial news that sent him into a state of shock.
The Democrats wish now that they had thought twice about impeaching Trump.
Trump successfully fundraised while the Democrats were pursuing their underhanded attempt to gain an advantage in the upcoming election through impeachment.
The fact that congressional Democrats would impeach President Trump when they couldn’t even prove a crime was a shocking abuse of power.
Now the Chinese coronavirus has completely changed the political landscape.
The DNC has constant debt problems and was hoping to solve their monetary problems by a fundraising push aimed at wealthy donors once Joe Biden secured the nomination.
However, the economy isn’t doing well and many donors aren’t willing to shell out their money with the huge amount of uncertainty at the moment.
This leaves Joe Biden in a particularly vulnerable position.
He’s almost $200 million behind Donald Trump in fundraising with no realistic way to make up the difference.
According to The Daily Wire:
“Trump’s clear lane is one of the huge benefits of incumbency, and he has used that advantage to turn the screws on every possible donor and execute a massive digital fund-raising effort,” Democratic strategist Jim Margolis said. “So, yes, there will be a fund-raising imbalance, but I think Biden will have enough money to run a good campaign.”
Biden raised $33 million in the first half of March, but fundraising slipped after states began issuing stay-at-home orders and uncertainty around the virus began hitting markets. Still, Biden was buoyed by clinching a large delegate lead in Super Tuesday primaries on March 3, and his campaign brought in $46.7 million in March, the most of any month of the campaign.
The coronavirus has hampered both campaigns’ ability to fundraise, a development that likely works in Trump’s favor as he can tap into vast cash reserves that Biden cannot. The Trump campaign effort began the month of April with $244 million in cash on hand, well over four times more than the $57 million readily available to Biden and the Democratic National Committee, according to The Wall Street Journal.
If Trump won in 2016 with only half the money of Hillary Clinton, the odds on Joe Biden are really bad.
Trump’s campaign brought in 13 million dollars in three days just from Nancy Pelosi’s announcement that she was going to start impeachment against Trump.
Now she’s probably wishing that she had never tried that underhanded tactic.
She didn’t make a dent in his popularity and she gave him a huge monetary advantage.
If the Democrats had played fair, they wouldn’t be in this position.
The lesson they should take away is that they need to stop their dirty partisan political attacks against Trump because they’re hurting themselves and harming America.
