Thursday, April 03, 2008

Obama Raises $40 Million In March

It is only April 3rd but Obama has already released his fundraising numbers from March. There were reports he might have taken in somewhere in the low $30 million dollar range but when it was all counted, the number was even better than expected. Not only that, it will continue to dominate the fundraising ability of the Clinton campaign, approximately by double this time around.

From RawStory:

Barack Obama raised $40 million last month, his campaign announced Thursday. The average contribution, it said, was $96. More than 442,000 people donated to the campaign last month, and nearly half of those were first-time contributors.[...]

Since Obama began his presidential campaign last year, more than 1.2 million people have donated to the campaign. The preliminary numbers released Thursday show his campaign is still being fueled by relatively small donations. He received contributions from about 218,000 first-time contributors last month, according to the campaign.

The $40 million figure exceeded expectations that predicted a haul between $30 and $35 million. Clinton is expected to have raised about $20 million in March.


Conventional wisdom says that Obama didn't wait long to release that bit of big news to pile on to the increasing doubt that Hillary Clinton can continue to compete in the primary election. While she is making claims that Obama can't win the general, the reality is that she is struggling here in the primary season and will continue to do so until inevitability catches up with her.