Obama’s small financial donors not showing interest this time

Sounds like quite a few people who expected “change” and aren’t seeing it. The “professional left” is possibly a bit larger than the White House team imagined. So now that the Wall Street people who donated heavily to Obama in 2008 think that he’s a socialist, the youth vote is disillusioned and the small donors feel that he gives in too easily, will this finally make a difference? The recent tone sounds like an improvement but at this point, most want more than just a few days of tough talk. NY Times:

They were once among President Obama’s most loyal supporters and a potent symbol of his political brand: voters of moderate means who dug deep for the candidate and his message of hope and change, sending him $10 or $25 or $50 every few weeks or months.

But in recent months, the frustration and disillusionment that have dragged down Mr. Obama’s approval ratings have crept into the ranks of his vaunted small-donor army, underscoring the challenges he faces as he seeks to rekindle grass-roots enthusiasm for his re-election bid.

In interviews with dozens of low-dollar contributors in the past two weeks, some said they were unhappy with what they viewed as Mr. Obama’s overly conciliatory approach to Congressional Republicans. Others cited what they saw as a lack of passion in the president, or said the sour economy had drained both their enthusiasm and their pocketbooks.

This issue is what really has stood out for me in the last few weeks of travel in the US. Friends and family who were among the most supportive of Obama in 2008 are disgusted with the constant crumbling on issue after issue. It hardly sounded like it was a casual concern, but instead, very deeply rooted with voters. Reading this NY Times piece, it sounds like it’s a very serious problem that needs to be addressed.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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