According to The Washington Post, President Obama has spent more than $91 million on television ads in eight swing states as of July 6. Over the same time Mitt Romney has spent just $23 million. True, conservative groups have spent some money against Obama closing the gap a little (in Pennsylvania, for example, Obama has spent $5 million, Romney nothing, and Karl Rove’s Crossroads GPS has spent $2.3 million).
But conservative groups have far outraised and outspent liberal groups this year and that trend shows no signs of abating (American Crossroads, the 527 organization affiliated with Crossroads GPS, has already booked $40 million in advertising time for the last four weeks of the election.
Worse for Obama, the latest fundraising numbers show he will not be able to outspend Romney forever. Romney and the Republican National Committee raised $106 million in June, while Obama and the Democratic National Committee raised only $71 million. Romney will eventually reach parity with Obama on television spending and will probably surpass him.
So how is Obama doing now, at the height of his incumbency advantage? At best, he’s treading water. A new ABC News/Washington Post poll shows Obama tied with Romney among registered voters at 47 percent. But Obama is far weaker than that top line number suggests.
Read More at The Washington Examiner
