Recent news shows that the Donald Trump 2020 campaign is quickly running low on money, pulling ads even in swing states and being pushed to answer where the money has gone.
Wasn’t Donald Trump the candidate who was supposed to be good at the money game since he’s wealthy?
According to The New York Times, Trump’s early entry into the race (he filed on the day of his inauguration) should have given him a tremendous cash advantage over his challengers, who didn’t enter the race until almost three years later. Biden’s campaign, for instance, began his campaign in the spring with little funding. Despite raising more than a billion dollars from January 2019 to July 2020, the Trump campaign is now pulling ads from airwaves due to a lack of campaign funds.
Part of the problem was one-time campaign manager Brad Parscale, who was demoted within the Trump campaign after boasting of nearly a million tickets that were sold to Trump’s Tulsa rally after only around 6,200 people actually showed up. Parscale has been revealed to have spent money with abandon on Trump’s campaign early in the race, which may be because he’s untested and simply not experienced enough to handle a campaign. But whether the spending was done out of ignorance or on purpose to feed Parscale’s own bank account, a scenario that’s looking more and more likely, Trump got conned.
In addition to Parscale, some noteworthy names are being paid to campaign for Trump. Two of those names are his son, Donald Trump, Jr.’s, girlfriend Kimberly Guilfoyle and Eric Trump’s wife, Lara Trump. Each is being paid via a 227 million dollar contract with American Made Media Consultants, who are currently under investigation by the FEC for efforts to “disguise the final destination of spending.” Whether or not Guilfoyle and Lara Trump received these payments knowing that the company paying them was corrupt or not, Trump got conned, either by his son’s partners or by the media company.
This was the president who was such a great businessman that he knew how to handle the vast sums of money connected to the U.S. economy once. Now, it appears he’s no more than a sucker.
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