In 2016 Clinton outspent Trump by twice as much, but in 2020 Trump is far outpacing Democrats in fund raising

Politico:

Donald Trump and the Republican National Committee have raised more than $300 million this year for his reelection — more than any other sitting president in history at this point in the campaign.

Trump has nearly twice as much cash on hand — $158 million, between his campaign account and the RNC — as Barack Obama and the Democratic National Committee had at this time in his successful re-election run.

Already this year, Trump’s campaign operation has spent close to $23 million on TV and digital advertising, more than 10 times the amount that the lone major Democratic super PAC spending against him, Priorities USA, has laid out so far in its online-only spending campaign.

Democrats are growing increasingly alarmed by the spending chasm between the two sides — and its implications for the general election.

“The resources he has will be put to work anywhere and everywhere that he feels like he can scare up electoral votes, and Democrats will never catch up. It’s just too much money,” said Chris Lippincott, a Texas-based Democratic strategist who ran a super PAC opposing Sen. Ted Cruz last year. “That’s real trouble … I’m not here to curse the dark, but it’s dark.”

And the situation stands to get worse.

Since the start of the year, Trump’s campaign operation has run an expensive, far-reaching effort to find new small-dollar donors that is already beginning to pay dividends. The campaign netted 313,000 new donors between July and the end of September, according to numbers provided by the RNC, after spending $4.2 million in advertising on Facebook over the last 90 days.
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It should not be too surprising with Democrats literally threatening to confiscate the wealth of the rich, it would be insane for that class to fund their efforts.

The GOP is already pushing a "Victims of Socialism" campaign:

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The "Victims of Socialism" campaign features a montage, as well as individual videos, of several people warning about socialism after their home nation spun into civil and economic disarray. It's the result of a monthslong effort by the RNC to highlight the dangers that could result from Democratic victories in 2020.

"The American people need to protect the United States from the socialist politics," a man identified as Amed G. says in the video.
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"Victims of Socialism" represents a broader, apparent strategy by the RNC to tag Democrats with the more left-wing positions that gained steam during the Democratic primary. While the ad mostly targets Democratic candidates like Sanders and Sen. Elizabeth Warren, D-Mass., it also points to how a slew of 2020 candidates – including former Vice President Joe Biden, a perceived moderate – have committed to free health care for illegal immigrants.
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