Good News For Trump: Democrats Are ‘Dead Broke’, But Republicans Have Nearly $40 Million

Democrats are desperate to win in 2018 after being shut out of the White House and control of both houses in Congress this past year. They have had to sit by gnashing their teeth as President Donald Trump won his tax reform and moved judiciary candidates to approval among other accomplishments. And all they’ve been able to do in response is scream “Russia!”

They had internal squabbling after the Clinton wing cheated to block out Bernie Sanders and that’s not been forgotten yet. They can’t even come together on who their leader is between doddering Nancy Pelosi who has trouble remembering who the present president is and Kennedy 2.0 who looked like he needed a bib in his State of the Union response.

They couldn’t even come together on a comprehensive message apart from “We’re not Trump.”

But perhaps right up there with their lack of leadership and lack of messaging, is a very simple but significant problem. They are in deep monetary woes. And doesn’t that just figure? They can’t run cities, how could they run something as simple as a budget?

From The Week:

To top it off, the party ended the year “dead broke,” says The Intercept’s Ryan Grim.

The Democratic Party is carrying more than $6 million in debt, according to year-end filings — and has just $6.5 million in the bank. Do the math, and the party is working with just over $400,000 overall. Meanwhile, the Republicans are swimming in pools of money. The Republican National Committee had raised $132 million by the end of 2017 — about twice as much as the DNC — and entered 2018 with almost $40 million to spare, with not a penny of debt.

If The Resistance is so strong and so many people are unhappy with Trump, why are Republicans getting all the donation money? Sort of makes one doubt that premise.

Plus, of course, Republicans being Republicans know how to save money as well, just as Democrats know how to toss it away.

Democrats claim they are raising the money, they just had to make up for the huge hole in the pocketbook left by the leadership of Debbie Wasserman Schultz at the DNC, who had to borrow money just to operate.

Although the party is doing badly, some of the individual candidates are doing better, and about 50 have outraised their GOP opponents.

That said the national parties status indicates deep trouble for 2018, particularly when people like billionaire Tom Steyer have said they wouldn’t be funneling millions to Democratic candidates this year.

Cross your fingers, but this may be quite helpful in a few months time.

[Note: This post was written by Nick Arama]

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