Three things we learned from Joe Biden’s big fundraising advantage over the entire 2024 Republican field
In the most recently reported quarter, Joe Biden has out-fundraised the entire 2024 Republican field combined, by a substantial margin. That tells us three things:
1) Trump’s continued presence in the race really is keeping the other Republicans from getting any traction. The sheer number of Republicans in the race makes clear that they all know Trump is headed for prison, and they each want to be the one who gets the nomination instead. But for now, because Trump hasn’t been hauled off yet, they can’t even fundraise.
2) Even though Trump is polling well ahead of other Republican candidates, he’s not being taken seriously. Biden is out-fundraising Trump by a two to one margin. When a guy is going to have three or four criminal trials before the next election, he’s obviously not going to end up being a viable candidate. So no one wants to put their money behind Trump. Not only is his presence in the race keeping other Republicans from fundraising at all, he can’t really fundraise either. Trump is holding the entire Republican primary race hostage on his way to prison.
3) Even as the media keeps trying to portray Joe Biden as unpopular, too old, washed up, whatever they’re hyping this week, he’s busy setting fundraising records. Americans are overwhelmingly lined up behind Biden for 2024 and they’re already voting with their dollars. We’ve come to accept that election polling is increasingly off base. It’s time we acknowledge that approval rating polling has likely veered just as far off base, and that Biden is likely far more popular than approval rating polls suggest. The midterm elections were an overwhelming show of support for Biden. Fundraising hauls now also suggest Biden has enthusiastic support. It’s time we acknowledge that Joe Biden is a broadly popular President.
