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Election 2024: Yes, Biden’s campaign overflows with cash, but Trump is getting the ‘good’ money
American Thinker ^ | 04/02/2024 | Andrea Widburg

Posted on 04/02/2024 9:20:43 AM PDT by SeekAndFind

While Trump was attending Officer Jonathan Diller’s funeral, Joe Biden was at a ritzy fundraiser where people paid up to $500,000 for a seat, and Biden’s campaign raked in $26 million. That’s a huge haul for a single fundraiser. Indeed, Biden has a great deal more money than Trump, who’s also been seeing his money sucked away by the Democrats’ despotic lawfare. But sometimes things aren’t what they seem. The reality is that almost half of Biden’s money comes from a small group of elite leftist donors, while Trump is getting most of his money from huge numbers of voters.

Fox Business analyzed FEC records to see where the money is coming from for the two candidates’ presidential campaigns. (Hat tip: Matt Margolis.)  

The analysis shows that there’s a big difference in the source of Biden’s 2024 campaign money compared to his 2020 haul. In 2020, he received 49% of his money from small donors (defined as people contributing less than $2,000) and 25% from big donors (that is, people contributing more than $2,000). This year, only 38% of his money comes from small donors, while 35% of his money comes from big donors.

Meanwhile, Trump has significantly increased the contributions he gets from small donors. In 2020, 52% of the money for his campaign came from small donors, while 19% came from big donors. By 2024, that ratio shifted: 61% of Trump’s donations come from small donors, while big donors dropped to only 9%.

Image by AI.

Nothing more clearly shows that the Democrat party is the elitist, oligarchic party, while Trump is the chosen candidate for America’s normal individuals and families. In addition, nothing more clearly shows where voter enthusiasm lies.


(Excerpt) Read more at americanthinker.com ...


TOPICS: Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: 2024; biden; donations; trump
Corporations can fill your coffers, but a corporation does not cast a vote; its line workers do. Likewise, someone like Bill Gates can write a big check, but he’s only one vote. All those ordinary people who dug into their pockets (digging a lot deeper than the Bill Gates of the world do) are also the people who will go to their polling places and cast a vote. That’s why I say that Trump got the good money because he got the money with the actual voters standing behind it.
1 posted on 04/02/2024 9:20:43 AM PDT by SeekAndFind
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To: SeekAndFind

2 posted on 04/02/2024 9:23:23 AM PDT by SeekAndFind
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To: SeekAndFind

SOURCE: NEW YORK TIMES
3 posted on 04/02/2024 9:25:25 AM PDT by SeekAndFind
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To: SeekAndFind
See my tagline:

Biden Fundraising Failure: More advertising for rotting fish is unlikely to improve sales....

4 posted on 04/02/2024 9:30:32 AM PDT by G Larry (Biden Fundraising Failure: More advertising for rotting fish is unlikely to improve sales....)
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To: SeekAndFind

Very good comparison and a real positive for Trump in the Battleground states.

Trumps biggest advantage is the Enthusiasm factor.

Biden is unelectable in a fair election.


5 posted on 04/02/2024 9:31:27 AM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: SeekAndFind

Wonder how many on the “”red side”” were blue in 2020?????


6 posted on 04/02/2024 9:37:50 AM PDT by Hambone 1934 (Dems love playing Nazis.....The republicans love helping them)
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To: SeekAndFind

Trump is getting the smart money not just the good money!


7 posted on 04/02/2024 9:52:56 AM PDT by existentially_kuffer
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To: SeekAndFind

Mo’ money.


8 posted on 04/02/2024 10:10:47 AM PDT by sauropod (Ne supra crepidam.)
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To: SeekAndFind

Hillary proved that, no matter how much money you put up to sell crap, people still won’t go for it.

Biden is putting up a lot more money to sell double the crap, and people still don’t have the appetite for it.


9 posted on 04/02/2024 10:23:49 AM PDT by adorno (CCH)
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To: SeekAndFind

Biden has to spend most of his campaign money on bribes Trump doesn’t it means Biden has to spend twice as much.


10 posted on 04/02/2024 1:53:08 PM PDT by Vaduz
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