Dems Say It’s ‘Nuts Not to Worry’ About Trump’s 2020 Cash Advantage | NTK Network Dems Say It’s ‘Nuts Not to Worry’ About Trump’s 2020 Cash Advantage

Dems Say It’s ‘Nuts Not to Worry’ About Trump’s 2020 Cash Advantage

“I know it’s still really early, but if you take a look at what he’s been able to do in terms of fundraising, we’d be nuts not to worry,” one Democratic strategist told The Hill.

By NTK Staff | 07.17.2019 @11:30am
Dems Say It’s ‘Nuts Not to Worry’ About Trump’s 2020 Cash Advantage

With second quarter Federal Election Commission (FEC) filings officially in the books, Democrats are becoming seriously concerned about the amount of money President Donald Trump has been able to raise thus far.

Trump officially launched his re-election campaign last month, and in the 24 hours that followed, his campaign said it raised nearly $25 million that went toward his campaign and joint fundraising committees with the Republican National Committee (RNC).

That staggering one-day figure is more than any Democrat has raised in any three-month period so far.

That’s enough to cause some Democrats to panic, according to a new report from The Hill’s Amie Parnes.

“I know it’s still really early, but if you take a look at what he’s been able to do in terms of fundraising, we’d be nuts not to worry,” one Democratic strategist acknowledged.

“I mean, this isn’t a man who has had the greatest presidency. Quite the opposite, actually,” the strategist said. “And he’s still able to raise that kind of money. That says something.”

Democratic strategist Brad Bannon also said Trump’s latest fundraising haul is “a concern.”

But what should really concern Democrats is the fact that Trump was massively outspent in 2016 and still managed to win. According to Parnes’ reporting, Hillary Clinton’s campaign outspent Trump’s by $235 million in 2016.

But while she spent more on paid media, Trump ran circles around her in earned media, Bannon said.

“His skill in commanding media coverage of his campaign neutralized Clinton’s financial advantage,” he said.

Trump’s campaign raked in $26.5 million in Q2 of 2019. Together with the RNC, the Trump political machine raked in $108 million in Q2. Trump’s cash and structural advantage will give him a massive leg up that he didn’t have in 2016. Democrats will need to outmatch Trump in both money and energy in order to compete in 2020.

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