There are several reports out now that coaberate not only that Jeb Bush is burning through the cash he has and is having trouble raising more – but that he may actually be dropping out of the GOP primary race!
Too good to be true? Meh – I’ll believe it when I see it.
Politico is reporting that although Bush is denying a complete meltdown – all the signs are there:
Jeb Bush’s campaign insists the wholesale restructuring announced Friday is merely a course correction, a reallocation of resources and heightened focus on New Hampshire. But for a growing number of Bush’s supporters, frustrated by his prolonged slump and poor performance, the latest campaign shake-up is looking like more of a death knell.
Starting on Nov. 1, the campaign will cut payroll costs by 40 percent, downsize its Miami headquarters by more than 50 percent, reduce travel costs by 20 percent and cut 45 percent of spending on things other than media and voter contact. Even if those moves ease financial pressures on Bush’s large campaign operation, they only reinforce the prevailing narrative about a candidate, not long ago viewed as a front-runner, in freefall.
According to donors, some of whom called for Bush to rein in its spending, the campaign’s assurances about its organizational and financial advantages have worn thin; and the third-quarter financial report, filed last week, gave further definition to their growing concerns about the state of a big-spending campaign failing to deliver results.
“These donors are not finding these explanations by the Bush team believable,” said one bundler, speaking on the condition of anonymity. “There’s a lot of frustration that a lot of money’s been spent and it hasn’t moved anything.”
While there were signs the campaign faced trouble, Bush’s team didn’t know the depths of its problems until it got to look at the other campaigns’ finance reports. The just-ended quarter — the first full period in which all the major candidates had announced and campaigned — set off alarms in Miami.
“I don’t want to say panic, but we were nervous,” a Bush staffer said. “Marco lied about how much he raised and spent, but the reality is suddenly his campaign had about as much money as we did, but it wasn’t as big.”
This weekend, Bush goes to Houston for a weekend meeting with his father and brother, an event conceived as a reward — a pep rally of sorts — for major donors but one that now serves to further underline the campaign’s reliance on an old network of family funders and its glaring lack of rank-and-file support beyond the GOP’s moneyed class.
Donald Trump was not so kind to that description, saying; ““Bush has no money. He’s meeting today with Mommy and Daddy, and they’re working on his campaign. He’s a guy [who]wants to run our country and he can’t even run his own campaign…”
THEN: “Think of it,” Trump said at a Jacksonville, Florida, rally, according to The Hill. “You have all these people, what do you need these people for?” he said. “I put up less money than everyone else, and I’m number one.”
As of this week, Bush continues to stagnate at seven percent in the polls nationwide. Only 12 percent of Republican voters expect him to win the nomination, the ABC News/Washington Post poll found. Trump maintained a double-digit lead at 32 percent, and 40 percent of respondents expected him to clinch the party’s nomination.
Others were even less kind: Thursday night, Megyn Kelly didn’t pull any punches, asking Bush; “What would it take for you to drop out?”
Jeb is in huge trouble as he has lost coveted ground to Marco Rubio, and the GOP nomination is all but assured for Donald Trump.
Mr. Trump’s surge in the polls took many for surprise, and he is still growing more powerful by the day.
This led Jeb to make a scandalous comment at a closed doors south Carolina event:
“If this election is about how we’re going to fight to get nothing done, then I don’t want anything, I don’t want any part of it. I don’t want to be elected president to sit around and see gridlock just become so dominant that people literally are in decline in their lives. That is not my motivation. I’ve got a lot of really cool things I cold do other than sit around, being miserable, listening to people demonize me and feeling compelled to demonize them. That is a joke. Elect Trump if you want that.”
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