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Biden | Does He Have The Money To Continue

One of the largest issues for presidential candidates today is fund raising. Just because you've raised a lot of funds doesn't mean you will do well, but what happens when you don't have enough?

My opinion, the amount candidates fundraise should be capped and businesses should not be allowed to contribute in any way. Now, I understand you do need money to advertise to people and let people know who you are but do they really need hundreds of millions of dollars, no. Imagine a presidential race fully funded by people where everyone is on the same level (in terms of money). I think we would have candidates who are more interested in their supporters issues and follow through when and if they get into office. I'll get off my soap box now.

Recently Joe Biden, who is being identified as the front runner, has been having some fund raising issues. 
Now, why is the supposed front runner having so many issues filling the coffers? His staff says it is because they got in the race late and they are approaching "individual donors". There is also news coming out that Biden will have a  Super PAC behind him dubbed "Unite The Country". The big difference here is that Bernie Sanders and Elizabeth Warren (both at the top of the polls and amount of money raised) have refused to take money from Super PACs and have been focusing on small donors. 

I also feel like I have to address Tom Steyer at the top of this graphic. He entered into the race recently and has put a lot of his own money into his campaign. Only 1.5M of that money has come from small donors. Where as, nearly 15M dollars in Warren and Sanders campaigns have been sourced from small donors. This isn't an unusual strategy by any means, as we remember President Trump gain much of his momentum as a candidate because he funded a majority of his campaign and got his name out there.

Comments

  1. Normally I try and stay away from political talk, but I think the point you made in this article makes perfect sense. I think evening out the playing field would create more opportunity for some candidates. However, certain networks will still promote the top candidates so they would get free advertisement.

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    Replies
    1. Definitely a lot to fix and hopefully it will be soon!

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  2. The idea of a cap on spending is intriguing. Since politicians create the rules, though, I have a feeling they'd find a way to make a loophole. They usually do.🙄

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