Obama loses many of his small donors

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.
...
He has been a disappointment to them on several levels.  Many had unrealistic expectations that he fed with his soaring rhetoric during the 2008 campaign.  With the high unemployment rate among young blacks, they probably do not have much spare change to send him.

I think he will fall well short of his ambitious plan to raise and spend a billion dollars.
 

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