Tuesday, 10 July 2007

The candidates take on Iowa...

...and show off their millions.

Many of the candidates for the American presidency are campaigning as heavily as ever, with the election less than a year and a half away. More than a handful — including Democrat Barack Obama (see this post) — went to Iowa for and around Independence Day.

Recently the Q2 fundraising numbers came in, making US$10 million look like pocket change. Obama came up ahead in the first quarter of the year with over $25 million, proving to be a master of the all-important art of raising money for the election. Even though Hillary Clinton was able to raise millions by shoving her ex-president husband onto the lecture circuit, it was still not enough to catch her chief Democratic rival.

This quarter Obama raised over $30 million. Clinton collected over $20 million for the primary, an additional $7 million or so for the general election. Edwards could barely manage $9 mil. On the Republican side the figures are more telling. Poll leader Giuliani came up with $17 or so million in total ($15 million raised for primary) this past quarter; lagging McCain got barely over $10 million ($11.2 million) and the perhaps under-polled Romney reached roughly $20 million after he gave $6.5 million to himself ($14 million raised for primary). That means the three Democratic frontrunners dwarfed the Republican presidential candidates with $68 million compared to the GOP's $42 mil.

The Economist has a feature on the fundraising and the presidential nomination poll numbers. Clinton is polling around 37% for the Dems and her "future odds" for getting the Democratic nomination are 42%; Obama is polling 23% with odds of 38%; Edwards is polling 12% with odds of 6%. For the GOP Giuliani is polling less than he was before: 26% with future odds of 36%; McCain is polling a lackluster 17% and has the unthinkably low odds of 5% for the nomination; Romney is polling 10% with a surprising 17% odds. See here (Wikipedia) for more polls.

No comments: