Fundraising costs gobble up most of the funds raised. Billions are spent on TV ads that have virtually no impact. Candidates may win or lose—but the consulting class always wins.
Eighty-five percent of millennial and Gen Z donors favored Democrats, a trend that appears durable rather than something they’ll age out of. As this cohort entered its prime earning and donating years, Democrats should have been building the broadest grassroots fundraising base in the history of American politics. Instead, the spam model drove millions of these potential donors away. The party didn’t just fail to capitalize on its generational advantage. It actively destroyed it, trading a rising base that would have funded the party for decades for one that is being exhausted for short-term fees. Private equity firms call this “harvesting.” You stop investing in the business and extract everything you can before the foundation gives way. The consultant class has been harvesting the Democratic Party for over a decade.
Just one excellent point from this article. Worth reading to the end.
Solid point. I donated to Bernie Sanders when he first ran for president, and I have been spammed to death ever since. It felt like I was being punished. I never gave them another dime.
Eighty-five percent of millennial and Gen Z donors favored Democrats, a trend that appears durable rather than something they’ll age out of.
I strongly question this idea. If you take into account that many Dem voters vote for dems solely because they are voting against republicans, that means they will jump ship the millisecond a viable third option comes around. We are ripe for an independent to rise up.
I believe it’s just saying millennial/gen-z aren’t likely to start supporting republicans over dems, not that they’re strong supporters of the dems.
A lot of the article points at ways the dems have failed to engage with issues truly important to their base, so i think in context it’s clearer that it’s not saying dems are beloved.
Just one excellent point from this article. Worth reading to the end.
Solid point. I donated to Bernie Sanders when he first ran for president, and I have been spammed to death ever since. It felt like I was being punished. I never gave them another dime.
I strongly question this idea. If you take into account that many Dem voters vote for dems solely because they are voting against republicans, that means they will jump ship the millisecond a viable third option comes around. We are ripe for an independent to rise up.
I believe it’s just saying millennial/gen-z aren’t likely to start supporting republicans over dems, not that they’re strong supporters of the dems.
A lot of the article points at ways the dems have failed to engage with issues truly important to their base, so i think in context it’s clearer that it’s not saying dems are beloved.