14
Jan
04

On the Bottom Line, Mr. Dean Is a Success (washingtonpost.com)

On the Bottom Line, Mr. Dean Is a Success (washingtonpost.com): “While President Bush’s money machine is far outpacing even his own record-breaking run for the presidency in 2000, what should be emphasized is that Howard Dean is the only Democrat positioned to compete head-to-head with the Republican fundraising apparatus.
Had Mr. Dean’s campaign accepted federal matching funds and the associated spending caps, he would be limited to spending $44 million during the primary season — a season that lasts until the party conventions this summer. But Mr. Dean has already raised $41 million, without taking matching funds.
All of the other Democrats — with the exception of Sen. John F. Kerry, who has also opted out but has now resorted to raising cash through personal loans and mortgages — would be severely handicapped by these spending limits in a race against an incumbent with an almost unlimited cash reserve.
Howard Dean’s bottom-up campaign has challenged a lot of the assumptions about running for the presidency. There’s no reason to believe Mr. Dean can’t continue to surprise us when it comes to fundraising.
MIKE CARVALHO
Chester Springs, Pa. “

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