How Is Obama the Underdog?
Posted on Feb 6, 2008
Somehow Barack Obama has managed a political hat trick. He appears to have won the most delegates on Super Tuesday, he certainly has the most money (Clinton loaned herself $5 million while Obama is on track to set more records), and yet somehow he’s also winning the expectations game.
When the race is this tight, it’s good to be the candidate who isn’t expected to win, especially if you’re flush with cash and momentum.
Part of Clinton’s fundraising problem is that half of her donors have already maxed out. Obama has raised massive amounts from very small donations. In fact, 10,000 of his donors gave between $5 and $10.
Barack Obama’s campaign is on track to raise another $30 million in February, sources close to the Illinois senator say, while Hillary Rodham Clinton’s spokesman revealed Wednesday that she had loaned her campaign $5 million.
Insiders in both campaigns say the growing financial disparity virtually ensures that Obama will be able to significantly outspend Clinton in the critical primaries to come.
Even before all the Super Tuesday votes were counted, Obama began airing advertisements in Nebraska, Virginia, the District of Columbia, Maryland and Maine—the next round of primary and caucus states—before Clinton did.