Thursday, June 02, 2005

Howard Dean is no Terry McAuliffe

Business Week points out that "one hundred days into his tenure as the high-energy, higher-decibel chairman of the Democratic Party, Howard Dean is in trouble with party moneybags." "After achieving money parity with the GOP in 2004, Democrats have fallen far behind. According to the Federal Election Commission, the DNC raised $14.1 million in the first quarter of 2005, vs. the Republican National Committee's $32.3 million. Dean drew about 20,000 new donors, while his rivals picked up 68,200. The bottom line: Republicans have $26.2 million in the bank vs. $7.2 million for the Dems."

Former DNC Chair Steve Grossman, a close ally, says Dean "is becoming more comfortable with [asking for money] by the day." Dean may yet find ways to build bridges to reluctant donors, but few think he'll ever be another Terry McAuliffe.

And that is significant because McAuliffe was a loser in his own right. He could raise money but he couldn't bring any Dem victories. I guess that makes Dean a double loser.

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