Thursday, July 05, 2012

The Money Game, Cont.

Remember that I said Romney's fundraising would be formidable waaaaaaaaayyyyyyyy before anybody thought he'd be able to compete.  Well, it looks like the initial fundraising results from his securing the nomination was not a fluke, June was a blowout.

If you accept the conventional wisdom that Romney is blah or an otherwise uninspiring candidate (which I don't), then this flood of money can only be interpreted as indicative of deep and severe dissatisfaction with Obama.  That such large sums are lining up behind a putatively mediocre Republican candidate can only reveal that those donors are willing to overlook Romney's supposed shortcomings in order to defeat Obama.  This is not surprising to me.  The depth of the attack on American business, large and small, and the damage done to the economy that has occurred over the last three years is not well understood.  Likely thousands of businesses won't survive another four years of Obama, and I assume Romney's fundraising reflect that.

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