Can A Green Wave Turn The House Blue?
Bloomberg Businessweek Middle East|16 August, 2018

A large number of Democratic challengers are outraising GOP opponents

Joshua Green, with Bill Allison
Can A Green Wave Turn The House Blue?

Democrats are hoping a blue wave of support will carry them to victory in this fall’s elections. In the meantime, they’ve caught a green wave of cash— the torrent of money pouring into Democratic campaign coffers helped 73 House candidates outraise Republican incumbents and opponents in races for open seats in the second quarter, a Bloomberg analysis of Federal Election Commission data shows. The more candidates the Democrats can field with the means to run competitive races, the larger the potential blue wave could be, if, as most experts anticipate, a motivated anti-Trump electorate shows up to vote in November. Democrats need to pick up 23 seats to retake control of the House.

The surge of Democrats who raised more money than their GOP opponents last quarter is testimony not only to widespread antipathy to Trump among liberals and many independents, but also to the fundraising acumen of the party committee and many of the new grass-roots groups that sprang up in the wake of Trump’s victory.

Since Trump’s election, Democratic enthusiasm has been apparent in all sorts of ways: the proliferation of anti-Trump marches, the record number of new candidates running for office, increased turnout in primaries and special elections, and surveys showing left-leaning voters more invested in November’s election than their counterparts. That energy has also translated into dollars. In the second quarter of this year, non-incumbent Democratic House candidates raised more than three times the amount they did in the same period in 2014. That works out to an average of $151,000 per candidate, compared with $101,000 in 2014.

This story is from the 16 August, 2018 edition of Bloomberg Businessweek Middle East.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the 16 August, 2018 edition of Bloomberg Businessweek Middle East.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BLOOMBERG BUSINESSWEEK MIDDLE EASTView All
Golfing With The Enemy
Bloomberg Businessweek Middle East

Golfing With The Enemy

Did Donald Trump's executives violate the Cuban embargo?

time-read
10+ mins  |
August 16, 2016
Super-Rich Syrians Wait for War's End
Bloomberg Businessweek Middle East

Super-Rich Syrians Wait for War's End

Actor, author, playwright. Gill Pringle tries her hand at unravelling the mystery behind this enigmatic multi-hyphenate

time-read
10+ mins  |
July 01, 2016
Pam Codispoti
Bloomberg Businessweek Middle East

Pam Codispoti

The mastermind behind the industry-shaping Chase Sapphire Reserve Card sets her sights on banking

time-read
2 mins  |
January 16, 2018
This Time It's The Economy
Bloomberg Businessweek Middle East

This Time It's The Economy

President Rouhani’s budget sets offprotests from people angry about unemployment and inflation

time-read
5 mins  |
January 16, 2018
Saudi Prince Counts On Support Of Citizens
Bloomberg Businessweek Middle East

Saudi Prince Counts On Support Of Citizens

State-worker salary increases appeal to the people, but policy may throw the budget off track

time-read
3 mins  |
January 16, 2018
Stalin's Legacy Is Choking The Ukrainian Economy
Bloomberg Businessweek Middle East

Stalin's Legacy Is Choking The Ukrainian Economy

The government has resisted pressure to lift a ban on land sales, despite pressure from the IMF and investors

time-read
4 mins  |
January 16, 2018
Catastrophe Bonds Survive A Stormy Year
Bloomberg Businessweek Middle East

Catastrophe Bonds Survive A Stormy Year

The turbulence of 2017 couldn’t destroy a market for betting against disasters

time-read
3 mins  |
January 16, 2018
Riding The West Bank's Credit Boom
Bloomberg Businessweek Middle East

Riding The West Bank's Credit Boom

Increased consumer lending is creating a bubble in the West Bank

time-read
3 mins  |
January 16, 2018
You'd Be Crazy To Buy Pizza With Bitcoin
Bloomberg Businessweek Middle East

You'd Be Crazy To Buy Pizza With Bitcoin

Speculative fervour makes the cryptocurrency clumsy for commerce

time-read
3 mins  |
January 16, 2018
What If The President Loses His Party?
Bloomberg Businessweek Middle East

What If The President Loses His Party?

Trump has to figure out a way to work with Republicans in Congress, or the global economy may be at stake

time-read
6 mins  |
August 16, 2017