Based on fundraising numbers alone, it's clear that former Virginia Sen. Jim Webb didn't stand a chance at toppling Hillary Clinton in the race for the Democratic nomination. When Webb announced Tuesday that he would be dropping his presidential bid, Politico reports that he had an estimated $317,000 on hand — a sum that Clinton trounces by 80 times over, with her on-hand cash totaling a whopping $25.7 million.
And it wasn't just the front-running Democrat that Webb lagged behind in fundraising. Even Harvard professor and long-shot candidate Lawrence Lessig — who didn't register high enough in national polls to qualify for the first debate — has more cash on hand than Webb. Lessig has raised over a $1 million, about 1.5 times Webb's total.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The week's best photosIn Pictures Firing shells, burning ballots, and more
-
The Great Mughals: a 'treasure trove' of an exhibitionThe Week Recommends The V&A's new show is 'spell-binding'
-
Damian Barr shares his favourite booksThe Week Recommends The writer and broadcaster picks works by Alice Walker, Elif Shafak and others
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
-
Ports reopen after dockworkers halt strikeSpeed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
