The Cash Machine

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The Washington Post reports that Barack Obama is running into some unexpected fundraising trouble with efforts to recruit big-dollar Clinton donors to his side not going as well as he hoped, and internet contributions falling off their previous furious pace. I wondered about this possibility in late June, and it seems to be coming true. The combination of Obama mostly focusing on showing his more centrist side while also maintaining a stable lead in the polls seems to me to discourage activists from giving to the campaign. People are thinking to themselves, why not save that money and by a G3 iPhone or give it to progressive Senate candidate?

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Matthew Yglesias is a former writer and editor at The Atlantic.

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