Once-upon-a-time, the Democrat Party was the party of the “little man,” i.e., those who made up America’s lower social orders. No more!
The GOP has also been a party of big money, of course, but the partisan-based class and monetary imbalance has shifted.
For decades, the Democrat Party has been the party of what Angelo Codevilla called “the Ruling Class,” and it represents and reflects the interests of big money. That is probably why Wall Street’s denizens don’t take Democrats’ railing against Goldman Sachs, etc., very seriously.
The last presidential campaign illustrates how the Democrat Party has the ability to outraise the GOP. It’s been estimated that Hillary Clinton raised $1.191 billion in 2016 -- slightly more than the $1.073 billion raised by Barack Obama four years ago. Donald Trump’s campaign allegedly raised $646.8 million, much less than what Mrs. Clinton raised.
It isn’t just that the Democrat Party can out-raise the Republican Party in campaigns. The Democrats also rely more on large donations, while the GOP usually relies on smaller donations. Even the New York Times acknowledged that Trump’s donations were coming mostly from small-dollar contributors.
The final dollar figures for 2016 aren’t in, but the Center for Responsive Politics -- an allegedly nonpartisan organization funded in part by George Soros’s Open Society Foundation (need I write more?) -- reported that in 2008, Barack Obama out-raised John McCain by roughly two-to-one ($730+ million to $368 million). Obama raised so much money that he did not need to rely on federal funding of his campaign, the first major-party candidate to do so since the law empowering the possibility was enacted in the 1970s. In 2012, Obama and Mitt Romney both relied more on large individual donations than on small ones.
(Excerpt) Read more at americanthinker.com ...
