Dean still on top of money race
WASHINGTON, Oct. 1 — In the surreal mind-set of the campaign expectations game, psychology can get twisted at the end of every quarter. Democratic front-runner Howard Dean’s campaign publicly set $15 million as its goal for fund raising for the third quarter, which ended at midnight Tuesday. According to Dean’s Web site he raised $14.8 million, with last-minute contributions still being counted.
DEAN HAD dramatically exceeded fund-raising expectations in the second quarter by collecting $7.6 million. Is his $14.7 million a wee bit of a deflating result for the third quarter? Only if you live on the plane of surreal expectations.
EXTRAORDINARY MONEY MACHINE
Dean’s extraordinary money machine is still far more efficient than anything Missouri Rep. Dick Gephardt, Massachusetts Sen. John Kerry, or the other Democratic contenders have working for them.
Dean is on course to have enough money to air television ads and hire operatives in states where fund-raising laggards may not be able to during the hustle-bustle of primaries that will take place in February and the first week of March.
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“We do believe it is an important decision that we’re going to have to make, because in the end Bush is just raising this money.... They’re going to raise $200 million and spend it against the Democrats between April and August when we go to the convention.... If we make the decision, it would be to compete with Bush. We’ve already proven that we can compete with the other Democrats.”
Simon Rosenberg, who heads the centrist New Democrat Network, put the Dean bounty in perspective by noting that in a 10-candidate field the former Vermont governor was able to raise 50 percent more than Bill Clinton raised in the best quarter of his 1996 re-election effort. Rosenberg called Dean’s feat “almost miraculous” and added, “We have to recognize that the Dean campaign is the best-run campaign we’ve ever seen.”
Taking the party-wide view, Rosenberg pointed to what almost no one else has noticed: Based on the preliminary estimates for the third quarter, the 10-person Democratic field collectively will have outraised the Bush campaign, an indication of how fired up Democratic donors are.
“If Bush is this supposed fund-raising king, then this so-called ‘weak’ Democratic field — to use Karl Rove’s word — is outraising him,” Rosenberg said.
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