Post by Transcriber on Oct 2, 2015 19:29:11 GMT -5
What History Tells Us About Third Quarter Fundraising Totals
Don't get us wrong: No political candidate (heck, almost no human) is going to complain about having a LOT of money in the bank. But, as we begin the process of figuring out just how much cash everyone hauled in between July and September, here's your quarterly #realtalk about what a big fundraising quarter does and doesn't mean. An impressive number means 1) Security that the campaign can go on and weather bumps in the road 2) A solid base of support from people who are willing to part with their cash for you and 3) A reasonable measurement of your supporters' faith that you have the message and organization to run and win a presidential campaign.
Here's what a big fundraising quarter at this stage of the political cycle DOESN'T mean: 1) That those donors will be loyal to you if you falter in the future, and 2) that you'll win your party's nomination. In fact, we went back through the last three presidential cycles' worth of Q3 reports and noticed that each one's big winner (Rick Perry in 2011, Hillary Clinton in 2007, Mitt Romney in 2007 and Howard Dean in 2003) didn't win their party's nomination.
www.nbcnews.com/politics/2016-election/lid-what-history-tells-us-about-third-quarter-fundraising-totals-n437151
Don't get us wrong: No political candidate (heck, almost no human) is going to complain about having a LOT of money in the bank. But, as we begin the process of figuring out just how much cash everyone hauled in between July and September, here's your quarterly #realtalk about what a big fundraising quarter does and doesn't mean. An impressive number means 1) Security that the campaign can go on and weather bumps in the road 2) A solid base of support from people who are willing to part with their cash for you and 3) A reasonable measurement of your supporters' faith that you have the message and organization to run and win a presidential campaign.
Here's what a big fundraising quarter at this stage of the political cycle DOESN'T mean: 1) That those donors will be loyal to you if you falter in the future, and 2) that you'll win your party's nomination. In fact, we went back through the last three presidential cycles' worth of Q3 reports and noticed that each one's big winner (Rick Perry in 2011, Hillary Clinton in 2007, Mitt Romney in 2007 and Howard Dean in 2003) didn't win their party's nomination.
www.nbcnews.com/politics/2016-election/lid-what-history-tells-us-about-third-quarter-fundraising-totals-n437151