Leftist billionaires are reining in their political donations as Democrats increasingly fear a Republican red wave rising.
“If you’re not giving now, what was the point of giving before?” one frustrated Democrat fundraiser complained to the Huffington Post. “The threat is more real today than it’s ever been. A genuine problem we have in Democratic politics today is convincing some of our supporters that Republicans actually mean what they say.”Steyer and Bloomberg are not the only major Democrat donors who gave less in 2022.
Former New York City Mayor Michael Bloomberg at the Hilton in University City in Charlotte, North Carolina on February 29, 2020. Democrats, however, are not struggling to fundraise. Democrat Senate candidates in Senate swing states have outspent Republican candidates by millions, as predicted.
The Republicans’ momentum has been fueled by the Democrats’ management of the economy, the number-one midterm issue for voters. According to a Wednesday