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While Obama’s political cash machine is bringing in three times more funds than Romney overall the President is having trouble raising cash in the so-called “battleground states” that gave him much needed electoral college victories in 2008.
“This is a ‘handwriting on the wall’ indicator,” Democratic political operative Dan Casing tells Capitol Hill Blue. “It is a sign that Obama faces problems in key states.”
Romney’s campaign brought twice the campaign cash of Obama in Florida and Nevada even though he is competing with several other GOP candidates while Obama is the incumbent without primary opposition.
Florida donors have given Romney $2.5 million, compared to $1.9 million for Obama.
At this same period in the 2008 campaign, Obama had raked in $2.7 million in Florida.
John Green, director of the Bliss Institute for Applied Politics at the University of Akron, calls Romney’s fundraising success in swing states “a positive sign” because donors in those states “tend to be much more concerned with electability.”
“It suggests that they consider his candidacy viable,” Green told The Daily Beast.
Federal Election Commission reports show the individual donors who helped Obama raise record amounts of campaign cash in 2008 aren’t giving to the president now.
“I bought his promises in 2008. I’m not buying now,” says Sally Eisenbean, who gave money to Obama in his initial campaign.
Statistics gather by the Center for Responsive Politics shows Romney outpacing Obama in Florida, Nevada, Colorado and Michigan.
In 2008, individual contributions fueled Obama’s fundraising machine. For 2012, the president is turning to more traditional political sources — big business. Wall Street, for example, has given Obama far more money than GOP contenders even though Republicans are traditionally considered more business-friendly than Democrats.
“Barack Obama is now the establishment’s president,” says Casing. “He belongs to the power brokers in Washington.”