Cory Booker campaign funds looks like it’s on its last legs.
There’s something to be said for self-awareness — especially in the 2020 Democratic primaries.
Addisu Demissie, the campaign manager for Sen. Cory Booker (D-N.J.), suggested in a memo Saturday that the Democratic presidential candidate will bow out of the race if he doesn’t raise $1.7 million in 10 days. The memo noted that only four campaigns have the funds to compete seriously for the nomination and Booker’s is not currently among them. “Without a fundraising surge to close out this quarter, we do not see a legitimate long-term path forward,” Demissie said.
Later, in a call with reporters, Demissie was even more forthright, answering in the affirmative when asked if Booker would drop out if the team fails to reach its goal. That will likely be tough, but Booker did raise $1.4 million at the end of the first quarter, so it’s not inconceivable.
Booker’s biggest problem when it comes to fundraising has been an inability to bring in small donations — just 21 percent of his presidential fundraising comes from donors who gave $200 or less, The Wall Street Journal reports. He also spent more than he raised in the second fundraising quarter which ended in June.
Still, Booker was able to qualify for the most recent debate in September, and there are several other candidates who trail him in the polls that will likely keep their campaigns going for far longer than Booker (if he can’t come up with the money, of course.) Perhaps, it’s really about getting out with your head held high.