Now we're going to see if the Billionaires can buy an election.
Daily Kos: Obama campaign raises more than Romney in August 
Quote: For the last three months, Mitt Romney has made a big deal about outraising President Obama. Given that it was just about the only quantifiable metric showing indisputably good news for his campaign, you can understand why. But now he can't even use that bit of spin to boost his campaign because in August, for the first full month since wrapping up the primary, Mitt Romney didn't raise as much money as the president, pulling in $111 million compared to the Obama campaign's $114 million.
But as pleasing as that number may be, arguably the more significant number is that in August, Romney spent more than he raised, churning through nearly $130 million. That means Romney spent more in August than in any other month since the start of the campaign, yet he failed to move the needle. In light of that, the fact that he is now being outraised by the Obama campaign presents an even bigger challenge.
But even though Romney's fundraising pace has fallen behind the president's, that's not his biggest problem. His biggest problem is that he's trying to sell a product—Republican economics and social policy extremism—that most Americans just don't want. And no matter the size of his ad budget, Mitt Romney isn't a good enough salesman to convince Americans to change their mind.
Similar Threads 
