Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Today’s big news is the overall implosion of the Donald Trump campaign. He’s repeatedly melted down on the stump over the past month. He’s trailing Hillary Clinton by a mile in the latest polls. He fired his campaign manager this morning. His ego apparently doesn’t allow him to beg other people for money, so he’s barely done any fundraising at all. The fight to stop him at the Republican convention now has the support of nearly 400 delegates. With the election only 20 weeks away, he still has virtually no staff. He’s being hammered by negative advertising on TV and isn’t doing anything to fight back. (So far he’s run exactly zero ads.)

Except for the personal meltdown stuff, all of this is basically a money problem. Trump doesn’t have any. In fact, pretty much everything you need to know about Trump’s campaign—and his underlying  business acumen, though that’s a story for another time—is captured in FEC form 3P. As you can see, it shows that Trump ended the month of May with $1.28 million on hand. That’s disastrous. It’s unbelievable. It’s less than a tenth of what he should have. It’s less than a well-run congressional campaign should have. It’s $40 million less than Hillary Clinton’s campaign has. It’s Donald Trump in a nutshell.

So will he just finance the campaign out of his own wallet? Not a chance. Bluster aside, he doesn’t have the ready cash to do it. And he wouldn’t even if he could. After all, this is the guy who eagerly transferred the five-figure salary of his longtime bodyguard to his campaign at the first opportunity. Do you really think he’s ready to blow $500 million on a nearly certain losing cause?

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate